Consumption slowdown, spurt in MNREGA jobs demand, Tejasvi Surya – The Indian Express

Last week, Fitch Ratings, which is an international credit rating agency, slashed India’s GDP growth forecast for the next fiscal to 6.8 per cent from 7 per cent estimated earlier. Vaidyanath Iyer explains how this relates to the consumption slowdown in India and whether direct bank transfer schemes can boost consumption. Next, Shalini Nair unpacks the marked increase in the demand for jobs under the MNREGA. Last, why BJP chose Tejasvi Surya to contest from Bengaluru South.

Consumption slowdown, spurt in MNREGA jobs demand, Tejasvi Surya – The Indian Express