-Business Standard Till the time you don’t give water to a farmer’s fields, you can’t save him from suicide. Intervening in a debate in the state Assembly on July 21, 2015, the Chief Minister of Maharashtra remarked that the state has 40 per cent of the country’s large dams, “but 82 per cent area of the state is rainfed. Till the time you don’t give water to a farmer’s fields, you can’t...
More »SEARCH RESULT
Conserve rainwater: PM to CMs -Rajesh Kumar
-The Pioneer New Delhi: Concerned about the water crisis and drought conditions, Prime Minister Narendra Modi wrote to Chief Ministers of all States advising them to conserve rainwater during the forthcoming monsoon. The PM had earlier written a personal letter to 'Gram Pradhans'(village chiefs) urging them to conserve rainwater. The issue of drought conditions and water scarcity was discussed at the highest level at the NITI Aayog's governing council meeting last week....
More »Is India overestimating its economic growth? -TCA Sharad Raghavan
-The Hindu The new GDP series has some methodological and sampling problems Former Chief Economic Adviser Arvind Subramanian recently claimed in a paper that India’s GDP growth from 2011-12 to 2016-17 was likely to have been overestimated. The Prime Minister’s Economic Advisory Council has rejected this claim, stating that his paper would “not stand the scrutiny of academic or policy research standards”. In a conversation moderated by T.C.A. Sharad Raghavan, Pronab Sen...
More »GDP numbers: EAC-PM rejects ex-CEA's claims, releases point-to-point rebuttal
-The Times of India NEW DELHI: The Economic Advisory Council to the Prime Minister (EAC-PM) on Wednesday rejected the claims of former CEA Arvind Subramanian regarding over-estimation of GDP numbers and said that India's current methodology is at par with its global standing as a responsible, transparent and well-managed economy. The EAC-PM released a detailed note titled 'GDP estimation in India - Perspectives and Facts' and as it earlier stated, the note...
More »Which one is a better indicator for depicting the problem of joblessness -- Proportion Unemployed or Unemployment Rate?
In a recent blog post, Columbia University professor Arvind Panagariya mentions that the critics of the present Prime Minister of India failed to underscore ‘employment rate’ -- flip side of unemployment rate -- that stood at nearly 94 percent according to the report on Periodic Labour Force Survey 2017-18. A recent article by Dr. Vikas Rawal and Prachi Bansal, however, points out that in order to understand the problem of joblessness...
More »