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United Nations Lowers India's GDP Outlook For 2017

-PTI India is projected to achieve a 7.3 per cent growth in 2017, down from the 7.7 per cent predicted in January United Nations: The United Nations has revised downward India's economic growth forecast for 2017 but predicted an increased 7.9 per cent GDP growth next year as it cautioned that stressed balance sheets in the banking sectors will prevent strong investment rebound in the near term. The UN World Economic Situation...

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Nothing to cheer about in Indian job market

-GoIMonitor.com Unemployment, irregular jobs and low salaries continue to hurt India while it continues to embrace labour reforms PRIME MINISTER Narendra Modi pitched for greater use of technology through an unusual equation ‘IT+IT= IT’ which had Internet in splits and Twitterartis trending #pinksliprevolution to underscore the impending layoffs in India’s famed IT sector. But the country’s unemployment saga lies far beyond the glass towers and high figure pay cheques. Around 77 per...

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Farm plots in Maharashtra becoming smaller -Zeeshan Shaikh

-The Indian Express The total agricultural land has also dipped by 1.18 per cent to 1.97 crore hectares of land. Mumbai: Even as clamour for farm loan waiver grows to afford temporary relief to farmers amid volatility in commodity prices and poor returns from farm produce, the state is facing a problem of increased fragmentation of agricultural land. Smaller plots not just bring down agricultural productivity, but also affects farmers’ economies...

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How far have Gujarat's youth gained from its growth? -Dipti Jain

-Livemint.com Increasing mechanization and stagnant wages might be behind youth unrest in poll-bound Gujarat As Gujarat prepares for assembly polls scheduled at the end of this year, the big question is whether the Bharatiya Janata Party (BJP) would be able to retain the support which Narendra Modi’s leadership guaranteed. The Hardik Patel-led Patidar agitation and Jignesh Mevani-led Dalit protests point towards rising discontent among a section of the youth in the...

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A year after drought, Latur makes comeback as major foodgrain market -Abhiram Ghadyalpatil

-Livemint.com Last year’s abundant rains in drought-prone Marathwada region, of which Latur is a part, have helped farmers produce record amount of pulses Mumbai: Latur is back on its feet and its pulse mills are running again, a year after an acute drought. The dry bed of the Manjra river, the water train from Sangli and the once ubiquitous water tankers have become things of the past. Last year’s abundant rains in Marathwada—a...

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