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Thursday, August 22, 2019

NITI Aayog, CEA differ on economy revival plan

NITI Aayog vice chairman Rajiv Kumar on Thursday made a strong case for extraordinary steps to deal with the unprecedented stress in the country’s financial sector, which is a key reason for the growth slowdown, but the government’s chief economic adviser (CEA) Krishnamurthy Subramanian said any bailout package will be a “moral hazard” and anathema to way a market economy works.

from Times of India https://ift.tt/2L2yWxN

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BJP’s Rajya Sabha strength falls below 100; may rise soon

A month after touching the mark of 100 seats for the first time in Rajya Sabha, BJP’s numerical strength has come down to 95 as five of its ...