-Down to Earth Current industrial agriculture models drive habitat loss, create conditions for viruses to emerge and spread The novel coronavirus disease (COVID-19) has exposed a crisis in the global food system, the International Panel of Experts on Sustainable Food Systems (IPES-Food) — a panel of developmental economists, agronomists, nutritionists and sociologists from 18 countries — said in April 2020. The vulnerability of food systems to climate and disease-related disruptions was clear long...
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Modi govt at work! Double whammy of unemployment and price rise -Subodh Varma
-Newsclick.in Joblessness is zooming, inflation is at six-year high led by food inflation, exports are down further, Industrial Production is stagnant and investment is at a standstill. In the last six months or so, the Modi government has supposedly been paying close attention to the sinking economy, with a flurry of meetings, announcements of freebies to corporates, fervent assurances to markets and budget shenanigans to supposedly keep the deficit in check and...
More »Ex-Chief Statistician Pronab Sen: For data credibility, need to fix calendar for its release -Aanchal Magazine & Anil Sasi
-The Indian Express As of now, the government does have a calender for release of data sets such as national accounts, Index of Industrial Production and inflation. But there are no specific timeline for release of labour force statistics and consumption expenditure surveys. Putting in place a release calendar for all official economic data sets and ensuring their timely release is key to restoring the credibility of India’s statistics, according to Pronab...
More »Explained: Why even the government expects India's GDP to grow at 5% this year -Udit Misra
-The Indian Express Business investment grew by less than 1 per cent, which bodes ill for India's long-term growth. According to the data released by the Ministry of Statistics and Programme Implementation (MoSPI), India’s gross domestic product will grow by just 5 per cent in the current financial year (2019-20). Last financial year, 2018-19, the Indian economy grew at 6.8 per cent. The gross value added (GVA), which maps the economic activity...
More »What a sharp rise in inflation rate amid spike in food prices means -Prabhat Patnaik
-Newsclick.in Even as the growth rate of the Indian economy is slowing down, and the index of Industrial Production (IIP) is actually showing negative growth for three consecutive months, August to October (over the corresponding months a year ago), the inflation rate in the economy has started accelerating. Significantly, the acceleration in inflation has been the sharpest precisely during these very months when the contraction in industrial output has been the...
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