The year-on-year (y-o-y) growth rate in Agri Gross Value Added (GVA) deflator (an alternative measure of inflation) shows a rising trend between 2005-06 and 2009-10. In other words, price rise pertaining to the agrarian sector accelerated during the period under discussion. This particular trend has been observed irrespective of whether one uses the GVA/GDP back-series data (Base 2011-12=100) that was computed by the National Institution for Transforming India Aayog (NITI Aayog)...
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Caste biases rife even in M&A deals in India, shows an IIM-B study -Arjun Srinivas
-Livemint.com * Company boards dominated by directors of the same caste tend to enter deals more often, shows an IIM-B study * These companies perform slightly worse in terms of returns than those who do not enter into same-caste deals New Delhi: The caste system pervades all spheres of Indian society. Caste biases still influence many aspects of the economy but the private corporate sector is generally perceived as an oasis of meritocracy...
More »MS Swaminathan, father of Green Revolution, interviewed by Jitheesh PM & Jipson John (Newsclick.in)
-Newsclick.in In an interview, the ‘father’ of India’s Green Revolution, says while technology is necessary, policies on procurement and public distribution are far more important in making agriculture economically viable and sustainable in the country. No one has played a more instrumental role in India’s self-sufficiency in food production than Dr MS Swaminathan — world-renowned agricultural scientist, known as the ‘Father of Green Revolution in India’. After getting a PhD from Cambridge...
More »PM health scheme supports fraud: Congress
-The Telegraph The party dubbed false the government’s claim that over 10 crore families will get insurance cover up to Rs 5 lakh for a premium of only Rs 1,100 a year The Congress on Saturday alleged that Prime Minister Narendra Modi’s much-hyped health scheme, Ayushman Bharat, was built on the wrong foundation, allowed corporates and private hospitals to mint money and incentivised fraud. The party also dubbed false the government’s claim that...
More »Unhappy numbers
-The Indian Express Economic data raises questions about missed opportunities and expending of political capital by NDA government. As India’s political parties switch to poll mode, economic data released in the past few days at the end of the NDA government’s term paints a far from rosy picture. Industrial growth in January slowed down to 1.7 per cent compared to the 2.6 per cent growth in factory output in December last...
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