-Frontline.in The government ought to have specified its definition of cost of crop production in the Budget to prevent any confusion in the minds of people on minimum support prices. Speaking at the Krishi Unnati Mela 2018, Prime Minister Narendra Modi reportedly complained that confusion was being spread about the announcement on minimum support prices (MSPs) made in the Finance Minister’s 2018 Budget speech. The speech had assured farmers that they would,...

-The Times of India Thiruvananthapuram: The efforts of district NREGA cell to recreate assets to deal with possible drought situation have produced good results in some of the rural panchayats in the district.   Construction of farm ponds which was extensively carried out under employment guarantee scheme has gifted the district with over 2,000 farm ponds in areas where agriculture is the predominant occupation. The move also triggered a shift from the usual...

  The Central Statistics Office (CSO) has recently made an upward revision to the growth to be experienced by the agrarian economy in the present crop year (viz. from July, 2017 to June, 2018). The growth in real Gross Value Added (GVA) by the agrarian sector as a whole is expected to be 3.0 percent in 2017-18 as per the second advance estimates of national income for 2017-18, which was released...

-Macroscan.org Recent income growth in India has been dominated by sectors that do not reflect real physical output increases – such as finance, insurance and real estate and public administration and defence. Please click here to access the entire article. * This article was originally published in the Business Line on February 27, 2018. ...

-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...