-Business Standard For 2017-18, overall full year, growth in agriculture and allied activities was estimated at 3.4 per cent as against 6.3 per cent clocked in 2016-17 India’s agriculture growth in the January to March quarter of 2017-18 dipped to 4.5 per cent as compared to 7.1 per cent in the same period last year despite a bumper production largely because of higher base. Though, the 4.5 per cent growth in agriculture and...
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Mining and agriculture lag behind other sectors in terms of GVA growth in Jan-Mar '18
The country’s agrarian sector in the last financial year expanded at almost half the rate at which it grew in 2016-17, shows the recently released provisional estimates by the Central Statistics Office (CSO). As compared to a growth rate of 6.3 percent witnessed in 2016-17, the growth rate in real Gross Value Added (GVA) by the agrarian sector (i.e., increase in agricultural GVA after neutralizing the effect of price inflation)...
More »Multiple revisions of official GDP data confuses analysts, says RBI -Ishan Bakshi
-Business Standard The dilemma regarding reliability is usually the greatest around the release of Advance Estimates Analysts at the Reserve Bank of India (RBI) have questioned the numerous revisions in gross domestic product (GDP) data by the statistics office. RBI has said this confuses analysts about the economy. It suggested the Central Statistics Office (CSO) incorporate data on high frequency economic indicators such as commercial vehicles and international air passenger traffic. It should...
More »Poo to power: Rural entrepreneurs power Centre's 'gobar-dhan' scheme -Dipak K Dash
-The Times of India KARNAL (HARYANA): "Poo to Power" may sound awkward and impractical, but Aditya Aggarwal and his brother Amit have done it in Karnal, Haryana. Two industries, one producing wire nails and another tinner rivets, owned by the family run on 100% electricity produced from cattle dung they get from nearby 'gaushalas' or cow sheds. The cattle dung-based power plant started in 2014 and that too without government support....
More »GDP numbers have brought cheer, but Indian economy needs a more even path to growth -Radhika Pandey, Amey Sapre and Pramod Sinha
-ThePrint.in Growing CAD, weak bank deposit growth, and fiscal deficit surpassing estimates cause for worry. The Central Statistics Office (CSO) recently released the Second Advance Estimates (2nd AE) for 2017-18, and the 3rd quarter GDP growth figures for October-December 2017. The new numbers have added some cheer to the disappointing state of affairs in the economy. The aggregate gross domestic product (GDP) registered a healthy growth of 7.2 per cent, while the gross...
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