-The Tribune The lure for land at a reasonable rate and better funding options are drawing farmer-entrepreneurs from Punjab and Haryana to Canada The North American nation is drawing farmer-entrepreneurs in large numbers from India’s breadbasket — Punjab and Haryana. No, they aren’t the rich ones buying luxury villas in exotic locales. They are the aspiring ones who expect to hit pay dirt as authorities in the former English colony provide agricultural...
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Minimum support price: Unkept promises on cost mitigation, bad formula to determine MSP compound farm woes -Angarika Gogoi
-Firstpost.com Farmers across India are sceptical about the promised benefits of the minimum support price (MSP) promised by the government for their kharif crop. In a press release, the government announced that the MSP would be set at 50 percent over the cost of production and vowed to double farmers’ incomes by 2022. As Amrinder Singh Punia, a farmer and general secretary of the Punjab Agricultural University Kisan Club, points out, “Government...
More »Flood scan on dam map gap
-The Telegraph New Delhi: Kerala did not have inundation maps or emergency action plans when waterworks engineers, responding to rising water levels, released the shutters of dams last week, but other states may be similarly vulnerable, a 2017 government audit report suggests. In the absence of detailed inundation maps or action plans, district authorities can warn local communities about an impending rise in water levels but without a clear idea of how...
More »EPFO revises down payroll numbers by 12% for September-May period -Somesh Jha
-Business Standard The payroll data has Been revised downwards for each of the nine months between September 2017 and May this year New Delhi: The net enrolment numbers released by the Employees’ Provident Fund Organisation (EPFO) has Been revised down by 12.4 per cent for the September-May period, from an earlier estimate of 4.5 million to 3.9 million. The payroll count in June rose by 24 per cent to 793,308. The net enrolment...
More »NR Bhanumurthy, professor of economics at the National Institute of Public Finance and Policy (NIPFP) and author of the series presented in a report to the National Statistical Commission, interviewed by Abhishek Waghmare (Business Standard)
-Business Standard "Under the new GDP series, there has Been reallocation of a few items from one sector to another, from services to manufacturing sectors" The back series data of GDP released recently by a panel of experts has evoked sharp reactions among political circles and experts. N R Bhanumurthy, professor of economics at the National Institute of Public Finance and Policy, and the author of the series, presented in a report...
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