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P. Chidambaram’s statement regarding GDP numbers for first quarter for 2012-13

After the continuous reduction in the growth rate in successive quarters beginning in the fourth quarter of 2010-11, this is the first time when quarterly growth rate has exceeded the…

GDP growth at 5.5% in June quarter vs 5.3% in Q4 FY12

Indian Economy grew by 5.5% in the April-June quarter this fiscal due to poor performance of manufacturing, mining and farm sectors…..Read More…

That Giant Sucking Sound: State-Owned Firms Lose Rs 1.80 lakh crore ($33 Bn)

That Giant Sucking Sound: State-Owned Firms Lose Rs 1.80 lakh crore ($33 Bn)

Public sector undertakings (PSUs) have accumulated losses of over Rs 1.80 lakh crore over the last decade.  IndiaSpend’s Sourjya Bhowmick analyses 10-year data to conclude that not only do most…

Health Insurance For Poor: Fact or Myth?

Health Insurance For Poor:  Fact or Myth?

The Indian government has promised health insurance for all families below the poverty line, and has allotted over Rs 2,800 crore for the programme till now.   IndiaSpend’s Bhumish Khudkhudia…

Poor In India Starve as Politicians steal $14.5 billion of Food

As much as $14.5 billion in food was looted by corrupt politicians and their criminal syndicates over the past decade in the state of Uttar Pradesh alone, according to data compiled by…

Can India’s Urban Poor Ever Hope For A Better Future?

Can India’s Urban Poor Ever Hope For A Better Future?

Cities like Mumbai are widely known to have failed in controlling the rapid growth of slums, often to a scale – like Dharavi – where they acquire near cult status.…

How China Beats India In Agriculture Productivity

How China Beats India In Agriculture Productivity

Could India’s track record in agricultural output have been better than what it is currently? As IndiaSpend has written in recent weeks, deficient monsoons usually turn the spotlight on these…

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