-The Hindu Business Line Varied production costs, low-grade produce, limited surplus are key factors Farmers across many States, including Madhya Pradesh and Maharashtra, are up in arms demanding implementation of the National Commission on Farmers report, which suggested fixing the minimum support price (MSP) for crops 50 per cent above the cost of production. But the MSP of many crops already has a built-in profit margin of 40-50 per cent. So, what is...

-The Hindu Business Line The Government must clear policy bottlenecks for the Pradhan Mantri Awas Yojana to meet its ambitious target Amidst the government’s celebrations on completing three years in office, one flagship scheme remains a massive — and challenging — opportunity: Housing for all by 2022. The groundbreaking, affordable housing initiative backing this promise, the Pradhan Mantri Awas Yojana (PMAY), plans to provide homes to 18 million households in urban India...

-The Hindu Business Line 1.5 times the defence budget may be needed for unproductive animals: Economist Rawal New Delhi: The ban on cow slaughter can pose a serious threat to the Indian economy in the near future, as the country may have to spend 1.5 times its current Defence Budget to take care of an additional 27 crore unproductive animals annually, an agricultural economist has warned. Speaking at a function organised by Bhumi Adhikar Andolan, a...

-The Indian Express As per data being examined by the committee, the minimum wages paid to agricultural workers are significantly higher than MGNREGA wages in Karnataka, Punjab, Jharkhand, Uttarakhand, West Bengal, Mizoram, and Andaman and the Nicobar Islands. THE COMMITTEE for revision of wages paid under the Mahatma Gandhi National Rural Employment Generation Act (MGNREGA) has found that minimum agricultural wages are higher than MGNREGA wages in 15 states. An upward revision...

ApART from gross domestic product (GDP) and gross value added (GVA), another indicator which shows whether an economy is thriving or stagnating is the growth in bank credit. Credit is a critical input in the production of goods and services. It is generally the case that during prosperous times, economic actors, who are engaged in different sectors or in various industry, take up bank loans to invest. The provisional data...