-Livemint.com Fewer women are working now, and those who are work long hours for low pay, data from India’s latest official employment survey show Just nine countries around the world, including Syria and Iraq, now have a fewer proportion of working women than India, new official data confirms. And if Bihar were a country, it would have the lowest share of working women in the world. Among urban women who do work,...
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The farm-factory connect -Ashok Gulati
-The Indian Express Raising farm productivity is the first step to increasing rural demand and reviving the manufacturing sector As per the last report of National Statistical Office (NSO) released on May 31, the Gross Value Added (GVA) at basic prices (2011-12 prices) for the fourth quarter (Q4) of 2018-19 has slumped to 5.7 per cent for the overall economy, 3.1 per cent for manufacturing, and -0.1 percent for agriculture, forestry...
More »India's GDP growth: New evidence for fresh beginnings -Arvind Subramanian
-The Indian Express Methodological changes have led to overestimating GDP growth by 2.5 percentage points per year between 2011-12 and 2016-17. Actual growth is around 4.5 per cent. The promise of democracy is the periodic opportunity it creates for fresh beginnings. A government re-elected with such a resounding mandate should continue with the successful aspects of its economic policies. The most notable has been promoting economic inclusion via the public provision of...
More »Lack of milling facility forces paddy-surplus Tripura to spend crores on rice imports -Debraj Deb
-The Indian Express While procurement has become popular among farmers, insufficient collection is forcing the government to shell out hundreds of crores every year for rice imports while they have got all the rice right at home. Tripura’s BJP-led state government is procuring 10,000 MT paddy from farmers at Minimum Support Price (MSP) starting Monday, even as the Centre’s Food Corporation of India (FCI), which procured paddy for the first time...
More »7 to 4.5%: Ex-CEA cuts GDP estimate between 2011-12 and 2016-17
-The Indian Express While official estimates have pegged average annual growth at around 7 per cent during this period, actual GDP growth is likely to have been lower, at around 4.5 per cent, says Subramanian New Delhi: In the midst of a raging controversy over India’s economic growth under the new GDP series, former Chief Economic Adviser Arvind Subramanian has concluded that the country’s growth has been overestimated by around 2.5...
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