-Hindustan Times The irregularities in Doing Business reports had affected four countries: China; Saudi Arabia; United Arab Emirates; and Azerbaijan. World Bank Group has decided to discontinue ‘Doing Business’ reports that used to assess investment climate in countries after Data irregularities were found in 2018 and 2020, reported news agency Reuters. In August 2020, World Bank paused the publication of Doing Business reports following a number of irregularities were reported regarding changes...
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Most farmers did not know of agencies that procured crop under MSP: Report -Shagun Kapil
-Down to Earth Only 23.7% and 24.7% paddy produced was sold under MSP in Kharif and Rabi season respectively of 2018-19 Only about 24 per cent paddy and 20 per cent wheat is sold under minimum support price (MSP) in India, according to the findings of the 77th round of the National Sample Survey report. The Data from the report, titled Situation Assessment of Agricultural Households and Land and Holdings of Households...
More »Most farmers sold to private traders in 2019, new survey Data shows -Vignesh Radhakrishnan, Sumant Sen and Jasmin Nihalani
-The Hindu Data also show that a majority of the farmers were unaware of the Minimum Support Price regime Between 2013 and 2019, the share of agricultural households (HHs) that sold their produce in APMC mandis reduced sharply, while those that sold their produce to private traders increased significantly. Data show that a majority of the farmers were unaware of the Minimum Support Price (MSP) programme and procurement agencies. Among those who...
More »Agriculture Ministry ties up with Jio, ITC, NCDEX to develop agritech
-The Hindu The Agriculture Ministry signed agreements on Tuesday with Reliance’s Jio Platforms, ITC, Cisco, NCDEX e-Markets and Ninjacart to develop agritech solutions using its National Farmers Database which includes information of 5.5 crore farmers. Microsoft, Amazon and Patanjali are among the companies that signed agreements for similar pilot projects earlier this year. This is part of an effort to modernise the agriculture sector by infusing new technologies so that farmers can...
More »What the Q1 GDP numbers say -C Rangarajan and DK Srivastava
-The Hindu With improved revenues, government must increase expenditures to push consumption and investment India’s GDP Data for Q1 of 2021-22 was released by the National Statistical Office (NSO) on August 31, 2021. Real GDP growth at 20.1% in Q1 of 2021-22 is largely because of the contraction of 24.4% in the corresponding quarter of the first COVID-19 year, that is, 2020-21. Even with this high growth, the magnitude of real GDP...
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