JP Morgan: India's lowest growth in 5 years, 5.8%, worrying; recovery may be slow

Commenting on India’s January-March 2019 GDP growth, which "surprised sharply to the downside, printing at a 5-year low of 5.8%", JP Morgan, the American multinational investment bank and financial services company headquartered in New York City, has said that it has not just "dragged down full-year growth also to a five-year low of 6.8%".
It underlines, "The GDP undershoot reinforces the discernable slowdown that is currently underway. Growth has largely been flying on one engine in recent years – private consumption – and that has gotten progressively exhausted."
Worse, in its commentary, authored by Sajjid Z Chinoy and Toshi Jain, who are with the top MNC's Emerging Markets Asia Economic and Policy Research wing, say, even this is "buffeted by sustained rural distress and a significant tightening of financial conditions amongst the Non Bank Financial Companies (NBFC), which have largely been financing consumption."

Continue the JP Morgan experts, as for public investment, it suffers from "lack of fiscal space with the total public sector borrowing requirement rising to almost 9% of GDP", and while exports bounced back strongly in 2018-19, they "are likely to slow meaningfully as global uncertainty rises (especially after the US has opened up a second flank in its trade war) and global growth momentum slows."

Giving figures on how Gross Value Added in agriculture and industry have been going down over the last one year, JP Morgan predicts, "Slowing consumption growth at home along with a cloudy outlook for exports, creates the worrying prospect of some hysteresis and suggests growth is likely to recover only slowly in the coming quarters."

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Disappearing schools: India's education landscape undergoing massive changes

The other day, I received a message from education rights activist Mitra Ranjan, who claims that a whopping one lakh schools across India have been closed down or merged. This seemed unbelievable at first sight. The message from the activist, who is from the advocacy group Right to Education (RTE) Forum, states that this is happening as part of the implementation of the National Education Policy (NEP), 2020, which floated the idea of school integration/consolidation.

'Shameful lies': Ambedkar defamed, Godse glorified? Dalit leader vows legal battle

A few days back, I was a little surprised to receive a Hindi article in plain text format from veteran Gujarat Dalit rights leader Valjibhai Patel , known for waging many legal battles under the banner of the Council of Social Justice (CSJ) on behalf of socially oppressed communities.

A Hindu alternative to Valentine's Day? 'Shiv-Parvati was first love marriage in Universe'

The other day, I was searching on Google a quote on Maha Shivratri which I wanted to send to someone, a confirmed Shiv Bhakt, quite close to me -- with an underlying message to act positively instead of being negative. On top of the search, I chanced upon an article in, imagine!, a Nashik Corporation site which offered me something very unusual. I don't know who owns this site, for there is nothing on it in the About Us link. It merely says, the Nashik Corporation site "is an educational and news website of the municipal corporation. Today, education and payment of tax are completely online." It goes on to add, "So we provide some of the latest information about Property Tax, Water Tax, Marriage Certificate, Caste Certificate, etc. So all taxpayer can get all information of their municipal in a single place.some facts about legal and financial issues that different city corporations face, but I was least interested in them." Surely, this didn't interest...

When a telecom giant fails the consumer: My Airtel experience

Initially, I was not considering writing this blog about why I found Airtel —one of India’s premier communication service providers—to have an outrageously poor sales and customer-service experience, at least in Ahmedabad , Gujarat ’s business capital. However, the last SMS I received from Airtel regarding my request for a Wi-Fi connection in my flat in the Vejalpur area left me stunned.

Varnashram Dharma: How Gandhi's views evolved, moved closer to Ambedkar's

My interaction with critics and supporters of Mahatma Gandhi, ranging from those who consider themselves diehard Gandhians to Left-wing and Dalit intellectuals, has revealed that in the long arc of his public life, few issues expose his philosophical tensions more than his shifting stance on Varnashram Dharma—the ancient Hindu concept that society should be divided into four varnas, or classes, based on duties and aptitudes.

RTI framework ‘nuked’? SHANTI Bill triggers alarm, grants centre sweeping secrecy powers

Has the Government of India finally moved to completely change important provisions of the Right to Information (RTI) Act, that too without bringing about any amendment in the top transparency law? It would seem so, if one is to believe well known civil society leaders' keen observations on the nuclear energy Bill passed in the Lok Sabha. Senior RTI activist Amrita Johri has sharply criticised the recently passed Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Bill, 2025, saying that it has effectively “nuked” the Right to Information (RTI) Act through the back door.

From colonial mercantilism to Hindutva: New book on the making of power in Gujarat

Professor Ghanshyam Shah ’s latest book, “ Caste-Class Hegemony and State Power: A Study of Gujarat Politics ”, published by Routledge , is penned by one of Gujarat ’s most respected chroniclers, drawing on decades of fieldwork in the state. It seeks to dissect how caste and class factors overlap to perpetuate the hegemony of upper strata in an ostensibly democratic polity. The book probes the dominance of two main political parties in Gujarat—the Indian National Congress and the BJP—arguing that both have sustained capitalist growth while reinforcing Brahmanic hierarchies.

Punishing senior citizens? Flipkart, Shopsy stop Cash on Delivery in Ahmedabad!

The other day, someone close to me attempted to order some goodies on Flipkart and its subsidiary Shopsy. After preparing a long list of items, this person, as usual, opted for the Cash on Delivery (popularly known as COD) option, as this senior citizen isn't very familiar with online prepaid payment methods like UPI, credit or debit cards, or online bank transfers through websites. In fact, she is hesitant to make online payments, fearing, "I may make a mistake," she explained, adding, "I read a lot about online frauds, so I always choose COD as it's safe. I have no knowledge of how to prepay online."

Would breaking idols, burning books annihilate caste? Recalling a 1972 Dalit protest

A few days ago, I received an email alert from a veteran human rights leader who has fought many battles in Gujarat for the Dalit cause — both through ground-level campaigns and courtroom struggles. The alert, sent in Gujarati by Valjibhai Patel, who heads the Council for Social Justice, stated: “In 1935, Babasaheb Ambedkar burnt the Manusmriti . In 1972, we broke the idol of Krishna , whom we regarded as the creator of the varna (caste) system.”

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