India’s growth is not falling, although it is not as high as before If there is a crisis, there should be economics to deal with it; what use are economists if they are not around to help out when things get bad? And it is not enough to have economics. There was plenty of economics in 1929. As output and employment plummeted, economists said, this is good. It will take...
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Kerala fights clock in ASEAN free-trade deal by Ranjit Devraj
Southern Kerala state is known for the lush expanses of cardamom, pepper, tea and rubber that grow on its misty hills, and the bountiful catches of fish on a coastline punctuated by lagoons and backwaters. But a cloud in the form of a a free trade deal with the Association of Southeast Asian Nations (ASEAN) bloc hovers over this picture of plenty. With the Indo-ASEAN Free Trade Agreement (FTA) now...
More »Rs 1,000cr NREGS funds allowed to lapse
Ranchi, Sept. 12: Governor K. Sankaranarayanan has revealed that as much as Rs 1,000 crore had lapsed from funds meant for the National Rural Employment Guarantee Scheme in 2008-09 in Jharkhand, prompting the Centre’s think-tank behind the job scheme to dub the state’s implementation record as “poor”. Calling the finding “unfortunate”, the governor today said the state could not afford to lose funds allocated for the welfare of the people....
More »A better rural programme
The issue is not monitoring, but the administrative structure itself, at the district and village levels The Planning Commission has recently put out the results of an evaluation conducted by it on the National Rural Employment Guarantee Scheme (NREGS), after a survey of 20 districts. This is the most comprehensive official evaluation so far, and it makes interesting reading, not just in terms of the performance of the scheme, but...
More »Key Facts
Output and Growth According to the [inside]Economic Survey 2017-18, Volume-2[/inside] (please click here to access): • The growth rates of agriculture & allied sectors have been fluctuating at 1.5 per cent in 2012-13, 5.6 per cent in 2013-14, (-) 0.2 per cent in 2014-15, 0.7 per cent in 2015-16 and 4.9 per cent in 2016-17. • The Gross Capital Formation (GCF) in Agriculture and Allied Sectors relative to Gross Value Added (GVA) in...
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