Cable Services (CS) has characteristics of excludable public goods, which means they have externalities, but with a degree of excludability to those who are not willing to pay its price. The paper analyses choices for CS using household data from small towns of India. The analysis is structured to go beyond affordability issues. The findings from the analysis suggest that the reach of CS is considerably dampened by the demographics in these regions. This calls for policy interventions to address market failures.
With manufacturing sector showing signs of nascent recovery economic think tank NCAER expects India’s Gross Domestic Product to expand at 5.2-5.7 percent this fiscal.
“GDP growth rate for 2014-15 is projected at 5.2-5.7 percent. The higher growth of 5.7 per cent is conditional on pick up of investment spending” National Council of Applied Economic Research (NCAER) said in a statement.
India recorded sub-five percent in 2012-13 and 2013-14 due to general global slowdown and domestic factors like high interest rate and stubborn inflation.
The Economic Survey expects the country’s economy to expand by 5.4-5.9 percent this fiscal.
The index of industrial production (IIP) the principal indicator for industrial activity grew by 3.4 percent and 4.7 percent in the months of April and May 2014 respectively.
Manufacturing which accounts for 75 percent of the index showed signs of nascent recovery clocking a growth of 2.5 percent and 4.8 percent in April and May respectively as against negative growth in the earlier months.
NCAER further said that growth in agriculture sector is likely to be lower in 2014-15 year-on-year due to poor monsoon.
It also expects the fiscal deficit at 4.5 percent of GDP for 2014-15.
Finance Minister Arun Jaitley while presenting the Budget had said government will retain the fiscal deficit target for 2014-15 at 4.1 percent of GDP.
NCAER has projected the wholesale price based average inflation rate at 6.4 percent in the fiscal
NEW DELHI: With manufacturing sector showing signs of nascent recovery economic think tank NCAER expects India’s GDP to expand at 5.2-5.7% this fiscal.
“GDP growth rate for 2014-15 is projected at 5.2-5.7%. The higher growth of 5.7% is conditional on pick up of investment spending” National Council of Applied Economic Research (NCAER) said in a statement.
India recorded sub-five per cent in 2012-13 and 2013-14 due to general global slowdown and domestic factors like high interest rate and stubborn inflation. The Economic Survey expects the country’s economy to expand by 5.4-5.9% this fiscal.
The index of industrial production ( IIP) the principal indicator for industrial activity grew by 3.4% and 4.7% in the months of April and May 2014 respectively. Manufacturing which accounts for 75% of the index showed signs of nascent recovery clocking a growth of 2.5% and 4.8% in April and May respectively as against negative growth in the earlier months.
NCAER further said growth in agriculture sector is likely to be lower in 2014-15 year-on-year due to poor monsoon. It also expects the fiscal deficit at 4.5% of GDP for 2014-15.
Finance minister Arun Jaitley while presenting the Budget had said government will retain the fiscal deficit target for 2014-15 at 4.1% of GDP. NCAER has projected the wholesale price based average inflation rate at 6.4% in the fiscal.
The Government has decided to set up an expert panel to undertake a detailed examination of the four very weak nationalised banks which have shown operating losses in 1993-94 and suggest ways and means for turning them around. According to officials of the Finance Ministry’s banking division the panel would consist mainly of experienced bankers who have served the industry with distinction and professionals from other fields such as management experts.
Decontrol under study: Panja
The Coal Minister Mr. AJit Kumar Panja has ruled out de-nationalisation of the coal sector in the wake of liberalisation but indicated that price decontrol of certain categories were in the offing. “There is no proposal to privatise the coal companies or coal mines which are presently in the public sector” Mr. Panja told PTI. Mr. Panja said the Bureau of Industrial Costs and Prices (BICP) had recommended decontrol of coking coals and higher grades of non-coking coals.
‘Farm exports will surge if freed from controls’
Agricultural exports could be increased by 500 per cent by 2000 if all export controls were abolished according to an official study. The study conducted by the National Council of Applied Economic Research (NCAER) identified 17 agricultural items in which India will be competitive in the global market. The study was sponsored by the Agricultural and Processed Food Products Export Development Authority (APEDA). Releasing the report the Commerce Minister Mr. Pranab Mukherjee called for both short-term-and long-term measures to promote agricultural exports.
New Delhi: With the manufacturing sector showing signs of a nascent recovery the National Council of Applied Economic Research (NCAER) has said it expects India’s GDP to expand at 5.2-5.7 per cent this fiscal year.
“GDP growth rate for 2014-15 is projected at 5.2-5.7 per cent. The higher growth of 5.7 per cent is conditional on pick up of investment spending” economic think tank NCAER said in a statement.
India recorded sub-5 per cent growth in 2012-13 and 2013-14 due to general global slowdown and domestic factors like high interest rate and stubborn inflation.
The Economic Survey expected the country’s economy to expand by 5.4-5.9 per cent this fiscal year (2014-15).
The index of industrial production (IIP) the principal indicator for industrial activity grew by 3.4 per cent and 4.7 per cent in the months of April and May 2014 respectively.
Manufacturing which accounts for 75 per cent of the index showed signs of nascent recovery clocking a growth of 2.5 per cent and 4.8 per cent in April and May respectively as against negative growth in the earlier months.
The think tank further said growth in agriculture sector is likely to be lower in 2014-15 year-on-year due to poor monsoon. It expects the fiscal deficit at 4.5 per cent of GDP for 2014-15.
Finance Minister Arun Jaitley while presenting the Budget had said government will retain the fiscal deficit target for 2014-15 at 4.1 per cent of GDP.
NCAER has projected the wholesale price based average inflation rate at 6.4 per cent in the fiscal year.
