-PTI Washington: Basu said from 2003 to 2011, India was growing typically over 8 per cent per annum. The year of global crisis, 2008, it dropped briefly to 6.8 per cent, but over 8 per cent growth had become the new norm for India. The downturn in India’s growth is “very worrying”, World Bank’s former chief economist Kaushik Basu said, underscoring that this is the “hefty price” the country had to pay...
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Achchhe din's worst day
-The Telegraph The Central Statistics Office reported today that economic growth sank to a three-year low at 5.7 per cent, striking at the core of Prime Minister Narendra Modi's promise of achchhe din. The sharp slowdown is a result of the two biggest disruptive measures taken by the Modi government: demonetisation and the goods and services tax. The double whammy has badly crimped factory output and squeezed the services sector. The GDP growth...
More »Women cry for farm rights
-The Telegraph New Delhi: Women engaged in farming have converged from across the country in the capital demanding a separate identity as "women farmers" with access to the same rights and entitlements as their male counterparts, besides land records classified according to gender. A key issue pertains to the ownership of land as patriarchy continues to deny women such rights which, in turn, blocks their access to subsidies and other inputs provided...
More »Livestock trade: A business that has stalled -Parthasarathi Biswas
-The Indian Express Only a couple of weeks ago, gaurakshaks impounded a consignment of eight indigenous Gir breed cows that Jadhav had sourced from a farmer in Gujarat’s Amreli district. These animals, whose milk fetches a premium, are currently being housed at a gaushala (cow shelter) near Amreli. Pune: On August 14, Sandeep Jadhav joined protestors outside the Ahmednagar district collector’s office raising voices against the apparently growing attacks on gaurakshaks...
More »Govt may scrap PDS -Dalip Singh
-Deccan Herald New Delhi: Prime Minister Narendra on Monday said the government is likely to scrap public distribution scheme (PDS) system and transfer money directly to the accounts of poor beneficiaries after getting encouraging results from Haryana and Puducherry. Modi stated this during his Monday's informal discussion with BJP MPs from Delhi, J-K, Haryana, Punjab, Uttarakhand, Himachal Pradesh and Chandigarh. According to a press statement issued on the outcome of interaction with...
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