-The Hindu Several interventions are needed on the demand and supply side to alleviate farm distress Loan waivers remain the preferred solution for governments to tackle farm distress. S. Mahendra Dev and M. Govinda Rao talk about the inability of governments to think of long-term solutions to tackle farm distress, in a discussion moderated by Vikas Dhoot. Edited excerpts: * Despite farm productivity rising, severe distress in the sector is a concern. How...
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Monsoon likely to be 'below normal' this year: Skymet
-IANS Private weather forecaster Skymet said monsoon is going to have "a very sluggish start" and deficit rains are likely to spill into July. Monsoon this year is likely to be "below normal" at 93 per cent of the Long Period Average (LPA) owing to developing El Nino in the Pacific Ocean, which poses higher risk for the eastern parts and a major portion of central part of the country being...
More »No achhe din for the farmer -Ashok Gulati & Ranjana Roy
-The Indian Express When it comes to agriculture growth, the NDA government compares poorly with its immediate predecessor. The next government must initiate structural reforms, set realistic targets The Central Statistics Office (CSO) has released the second advanced estimates of national income for 2018-19, along with the quarterly GDP estimates for Quarter 3 (Q3). The overall GDP for Q3 is down to 6.6 per cent and for 2018-19 as a whole,...
More »Foodgrain output in 2018-19 maybe 281.37 mt: Second Advance Estimate
-The Hindu Business Line India is heading for a record production of rice, the main cereal crop in 2018-19, despite a dismal performance of the monsoon. The Agriculture Ministry’s second advance estimates has pegged the rice production at a record 115.60 million tonnes, about 2.38 per cent higher than the latest or fourth advance estimates for 2017-18. The bumper production is on account of substantial increase in production during the kharif season,...
More »Clear data doubts on India's growth story -N Madhavan
-The Hindu Business Line The government should explain constant variations in GDP figures. India’s reputation for data credibility could suffer “The (revised GDP) numbers are the result of a hatchet job” tweeted former Finance Minister P Chidambaram after the Modi government published the back-series GDP data late November. Ahmed Patel, his colleague in the Congress party, added his bit: ‘In its desperate attempt to re-write GDP data, the government resembles a student...
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