Explaining lacklustre economic growth
This is a continuation of my article "Demystifying why US economic growth is lacklustre" (FE October 15, 2019). I argued that for much of the 1980s and 1990s the US economy grew at 3.0 per cent or more when unemployment rate was estimated at full employment range of 4.0-6.4 per...
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India: Bolstering the farm sector and food security
Over the last decade Indian agriculture has become more robust with record production of food grains and oilseeds. Increased procurement, consequently, has added huge stocks of food grains in the granaries. India is one of the world's top producers of rice, wheat, milk, fruits, and vegetables. However, given that India...
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