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India's economy to double in size to $5 trillion by 2022: PM Modi https://www.business-standard.com/article/economy-policy/india-s-economy-to-double-in-size-to-5-trillion-by-2022-pm-modi-118092000665_1.html 20th Sept 2018
Modi said the Indian economy will grow at over 8% rate with massive employment generation being seen in IT and retail sectors
https://www.globaljurix.com/blog/will-india-become-5-trillion-dollar-economy-in-next-5-years.php To achieve the target, India needs to grow with an average annual growth rate of 10-12% in dollar terms for next five years (as against 6.8% in 2018-19), and raise its aggregate investment rate to around 38% of its GDP every year, as against 31.3% in 2018-19, according to experts, including the Ernst & Young (EY). Again, India's inflation (consumer price index) shall be required to be kept below or around 4% (the target inflation rate according to the Monetary Policy Framework), to ensure commensurate increase in the purchasing power of money. According to the finance ministry, the inflation in India has been kept under check and at around 4.5% in the last five years, and now it is on a declining path to reach 3.4% in 2018-19. Again, to support the target rate of GDP growth, the rupee should not depreciate further against the dollar. As per an PTI report, to achieve the target GDP growth, the exchange rate depreciation must not be higher than 2% per annum...
Evicting the inhabitants is like firing the workers: the restoration of the old unjust order of neoliberalism needs the precarious and uprooted to avoid being hindered in the race of the financialized economy, fueled by real estate and land speculation, feeded by wars, at the expense of people, communities, the climate and the environment.
A financialized economy that is flooding the relaunch of unlimited development policies with flows of money, the same ones encouraged by the New Urban Agenda of Habitat 3, to which we countered the Inhabitants' Solidarity Agenda already in 2016. The vultures of the financialization of the economy are already profiting from the private and public debts that this crisis and the wars are accumulating.
These policies, including the fake "green" ones, are exacerbating authoritarianism, patriarchy, gender discrimination, racism and the criminalization of human rights activists.
Right to Vote ! A Constt. or Legal Right ? SC asks AG Does the AG reduced it to the Level of a Legal Right.
Prashant Bhushan, argues that their contention is based on the fact that Democracy is part of the basic structure of the Constitution, and therefore Right to Vote, and the Duties of the Election Commission in this regard is also discharged as being part of the basic structure..
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