-Livemint.com Data from the latest KLEMS India database shows that employment in the Indian economy shrank by 0.1% in 2015-16 and by 0.2% in 2014-15 Mumbai: Employment in the total Indian economy shrank by 0.1% in financial year 2015-16 and by 0.2% in 2014-15. Far from more jobs being created, employment has actually contracted. That is the finding from the latest KLEMS India database, a research project supported by the Reserve Bank of...

-TheWire.in Environmentalist and water management expert Ravi Chopra says river inter-linking will sow the seeds for future conflicts between states. There is nothing new about the proposed river-interlinking project being pushed by the government, and this ‘unnecessary excess’ of a project will create more problems than it promises to solve, says environmentalist and water management expert, Dr Ravi Chopra, the director of People’s Science Institute, Dehradun and a managing trustee of the...

-The Hindu Business Line New Delhi: The Agriculture Ministry has broadened the scope of the proposed Contract Farming Bill by bringing marketing and services into its ambit and cutting back on States’ role in regulating the sector, paying heed to a multitude of responses that the planned piece of legislation elicited. “On the basis of the great response it received from stakeholders, we have made many changes to the Bill. There is...

-The Times of India NEW DELHI: As different states have come out with various schemes to protect farmers from price volatility, the Centre has expressed its willingness to support them all within the existing schemes and may even spend more in 2018-19 to procure agricultural and horticultural commodities at remunerative prices. "We will not reject states' requests. We would like states to procure as much as required to reduce farmers' pain and...

-Livemint.com Farmers need structural reforms, crop diversification and greater public investment rather than subsidies and price support Indian agriculture has been relatively untouched by the structural reforms that lifted incomes in other parts of the economy. Low farm productivity meant that governments tried to improve the lot of farmers through price policy. The problem is that engineering a shift in the terms of trade through higher support prices usually leads to generalized...