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MP Agriculture Sector Growth Slips by 1.61%, Says MP Economic Survey -Vivek Trivedi

-News18.com Surprisingly, production of meat which stood at 59 lakh metric tonnes in 2015-16 surged to 79 metric tonnes in 2016-17. The production of eggs too went up in the financial year 2016-17. Bhopal: Madhya Pradesh government might be listing agriculture among its topmost priories but the growth rate in farm sector has gone down by 1.61% for the financial year 2017-18, according to the Madhya Pradesh Economic Survey report which was...

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The rising agrarian distress in India -Jayati Ghosh

-Livemint.com To stabilize crop prices and make them remunerative, the Swaminathan Commission proposed significant improvements in the implementation of MSPs Across the country, farmers are furious—and rightfully so. Four years ago, they helped bring the Bharatiya Janata Party (BJP) to power, believing Narendra Modi’s claims that they would no longer suffer official neglect. But since then, conditions in agriculture have got worse. Earlier problems have worsened as farm incomes have been squeezed...

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Indian Banking: Current Challenges & Alternatives for the Future -CP Chandrasekhar and Jayati Ghosh

-Macroscan.org Indian banking today is at a tipping point. Banks are burdened with non-performing assets, incurring significant losses due to provisioning and unable to sustain credit growth, and therefore changes are both necessary and inevitable. There are possible strategies with very different implications: many leading banks could be restructured with state support and encouraged to regain the status they had as major instruments of development policy in the two decades after...

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Why has coal mining been opened up?

-The Hindu The approved methodology for auction of coal mines / blocks for sale will prioritise on transparency and ease of doing business. The Centre opened up commercial coal mining for the private sector on February 20. About 70% of power generated in India uses coal. Domestic coal has been able to meet only 75% of our annual coal demand. * What is the significance of the move? The government has termed it the...

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Labour Bureau's new report indicate layoffs of casual & contract workers in Q1 of 2017-18

  The declining trend in organized sector employment (i.e. in establishments employing 10 or more workers) continued in the first quarter of 2017-18. The sixth round of the Quarterly Report on Employment Scenario in selected sectors (as on 1st July, 2017), which was released in February this year, confirms this. The Labour Bureau’s latest report says that the net number of jobs created in the 8 major sectors of the economy was...

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