drskmukherjee

Many of us grew up in India to stand witness to coalition governments in states and centre. The greed for power and desire to grab opportunity to remain in power made many strange discordant political bedpartners even to the extent of burying the original names of their party. The Congress became Congress (I) further divided into Congress O and Congress R, Congress I to Indian National Congress (INC) only to be merged in a collection of 21 parties as United Progressive Alliance-1 (UPA-1) and at present UPA-2. In 1977, Bharatiya Jana Sangh (BJS) merged with 13 several left, centre and right parties opposed the rule of the Indian National Congress and formed the Janata Party. Among others the Janata Party also had a clown like Raj Narain just as later UPA had Lalu Prasad Yadav . After the Janata Party split in 1980, it was re-formed as the Bharatiya Janata Party (BJP) in 1980. In 1998, a 42 member-party-NDA was formed with BJP as only party of National stature. Mayawati became...

Total Industrial Output Growth Fell to 17-Month Low to 0.5% in November 2018. Monthly industry data has been released on January 11, 2019 by Central Statistical Organization (CSO). Hence my analysis of the report here under. India logs sluggish growth as per the latest CSO report of Index of Industrial Production (IIP). IIP is a composite indicator to understand and measure the growth rate of various industry groups in an economy like mining, manufacturing and electricity sectors and also steel, refinery products, crude oil, coal, cement, natural gas and fertilisers. The manufacturing sector has the poorest performance that recorded a fall to 0.4% against a growth of 10.4% a year ago. And it is a big sector that constitutes 77.63%. The poor show of manufacturing sector of consumer and capital goods caused drop in Industrial output growth to a 17-month low of 0.5% in November, 2018. Capital goods output declined by 3.4%, compared to 3.7% growth a year ago. Consumer durables output ...