-The Hindu Business Line ‘GDP growth rates for 2004-11 were bound to come down’ New Delhi: “You can slice and dice the data anyway you want, but India’s GDP growth rates between 2004 and 2011 were bound to come down in the backcasting computation effort,” said TCA Anant, former Chief Statistician of India. When the new base year of 2011-12 came out, the Central Statistics Office (CSO) had documented and recognised that the...
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Cabinet clears policy to double agri exports
-The Hindu In line with PM’s vision to double farmers’ income: Minister The Union Cabinet on Thursday approved the Agriculture Export Policy, aimed at increasing India’s exports to $60 billion by 2022 from the current $37 billion, Commerce Minister Suresh Prabhu announced. “We have managed to increase agriculture exports to $37 billion from $30 billion in just one year,” Mr. Prabhu said at a press conference. “With this policy, we aim to increase...
More »Demonetisation a massive, draconian, monetary shock: Arvind Subramanian
-IANS The former CEA says he does not think anyone disputes that demonetisation slowed growth. Demonetisation was a massive, draconian, monetary shock that accelerated economic slide to 6.8% in the seven quarters after it against the 8% recorded prior to the note ban, says former Chief Economic Advisor Arvind Subramanian. Breaking his silence on the November 8, 2016 decision of Prime Minister Narendra Modi, he says that he does not have a strongly-backed...
More »Margins of New India -Christophe Jaffrelot & Kalaiyarasan A
-The Indian Express Adivasis in Madhya Pradesh and Chhattisgarh are doing poorly, economically and educationally. Chhattisgarh and Madhya Pradesh are among the four Indian states — other than those in the Northeast — with more than 20 per cent Adivasi population. Chhattisgarh, in fact, has an Adivasi population of more than 30 per cent. However, the Scheduled Tribes (STs) have hardly found a mention in the election campaigns in the two...
More »How can small farmers' income be increased? -Yogesh Upadhyaya
-IndiaWaterPortal.org Here is a look at the challenges faced by small farmers in India and how they can be dealt with. As per the agricultural statistics of 2014, nearly 430 people depend on farming in India while 263 million people are either farmers or agricultural workers. Farmers are major contributors to the growth of Indian economy and their concerns impact policies in the country. Nearly 87 percent of farmers in India...
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