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Jobs Increase in 2017 - Just 0.5% -Subodh Varma

-Newsclick.in   PM Modi - who promised to create 1 crore jobs - is supremely indifferent to this crushing crisis.   In Jind district of Haryana, 8 posts of peon and one post of process server were advertised. Authorities were inundated with 14,836 applications for the former and 3662 for the latter. That’s about 2055 applicants per vacancy. Although the peon’s position required just class 10 eligibility, graduates, post graduates and even PhD...

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Agriculture ministry differs with CSO over estimated growth of farm sector

  The Ministry of Agriculture and Farmers Welfare has contended that the growth in real Gross Value Added (GVA) by the agrarian sector will not decline in 2017-18 vis-à-vis 2016-17 as has been predicted by the Central Statistics Office (CSO). The first advance estimates of CSO show that the Growth Rate in GVA at basic price (at 2011-12 prices) of the 'Agriculture, forestry & fishing' sector is likely to dip from 4.9...

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Agriculture ministry expects upward revision of farm Growth Rates -Sayantan Bera

-Livemint.com The agriculture sector is expected to grow higher than projected 2.1% Growth Rate in 2017-18 due to likely better output of Kharif and Rabi crop s, the ministry said New Delhi: Days after the Central Statistics Office (CSO) estimated India’s farm Growth Rate at a poor 2.1% in 2017-18, the agriculture ministry on Sunday said it expects the farm sector to grow at a much higher rate, based on better-than-expected production...

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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...

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Some red flags in the economy numbers: Agriculture is the most alarming -RN Bhaskar

-MoneyControl.com When agriculture’s GVA growth climbed from -0.2% in 2014-15, to 0.7% in 2015-16, everyone expected agriculture to continue doing well. This was confirmed by this Growth Rate further rising to 4.9% in 2016-17. But what happened now? So it is finally official.  The fears that most people had kept suppressed – about India witnessing an economic slowdown – have been realised. The Central Statistical Office (CSO) came out last week with...

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