-Down to Earth Lack of profitability is one of the reasons cited for the proposal to do away with the scheme A proposal has been sent to the Odisha Chief Minister to do away with the minimum support price (MSP) for minor forest produce (MFP). Odisha’s SC & ST Development, Minority and Backward Classes Welfare Department has communicated to the Chief Minister’s Office regarding rolling back of the MSP on MFP. ...
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Rural indicators point to worsening farm distress -Sayantan Bera
-Livemint.com Sluggish wage growth, lower crop planting, fluctuating prices paint a dismal picture for farmers and the agriculture sector New data released by the government on rural wages, crop prices and sowing of winter crops reveals that rural distress is worsening. Planting of wheat, the main winter crop, between October and early January was 5% lower than a year ago due to lower sowing in Madhya Pradesh by close to a million hectares;...
More »A statistical boost to growth in Indian economy -Manas Chakravarty
-Livemint.com While CSO’s GDP growth estimates will be a disappointment, it will very likely be explained away soon as the market tries to find new and innovative reasons to extend the rally For a few quarters, take all year-on-year (y-o-y) growth figures about the Indian economy with a pinch of salt. That’s because they will now be boosted due to the favourable effect of a low base. Since demonetisation and the introduction...
More »India's jobless growth is not a myth -Mahesh Vyas
-Livemint.com If we do not recognize the problem on hand, we will not have any reason to try and find solutions India’s jobless growth is a myth, stated R. Gopalan and M.C. Singhi in an opinion piece in Mint on 19 December. They used data published by the Labour Bureau from their employment-unemployment surveys between 2009-10 and 2015-16. These were the first and last surveys conducted by the Labour Bureau on the...
More »Old irrigation method a big hit in hills -Akshaya Kumar Sahoo
-The Asian Age The increase in the income has also halted migration of local people to other states in search of work. Bhubaneswar: Grappling with financial problems because of non-remunerative character of their age-old agricultural practices, villagers living in hilly areas of Odisha’s Gajapati district have suddenly found enough money coming to their pockets by adoption of traditional methods of irrigation. Sourcing water in the Diversion Based Irrigation (DBI) system from the streams...
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