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...
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Informal sector: Gujarat's rural workers earn twice as much as urban labourers -Tina Edwin
-The Hindu Business Line Urban-rural wage gap highest in the North-East and northern States New Delhi: That rural employment, particularly in the informal sector, will fetch lower incomes, does not always hold true. In fact, hired workers in the informal sector in rural Gujarat earned twice as much as their counterparts in urban areas, a recent report of the National Sample Survey Organisation show. Hired workers in rural Gujarat’s informal sectors earned about...
More »The unsuitable boy of India's cattle economy -Abhishek Rajan
-VillageSquare.in The problem of male cattle in India, the world’s largest milk-producing country, remains in limbo even as farmers grapple with latest government regulations that severely restrict cattle trade and culling Alpesh Patel, a small farmer in Mogari village of Anand district in Gujarat, owns three crossbreed female cattle and earns supplemental income by selling milk to the nearest dairy co-operative. He strives to keep his herd efficient for milk production by...
More »Despite drought, Karnataka farmers earned 38% more than last year -ManuAiyappa Kanathanda
-The Times of India BENGALURU: Notwithstanding the consecutive years of drought over the past three years, Karnataka farmers earned 38% in 2015-16 from sale of agri-commodities through the e-trading interface Unified Market Platform (UMP), according to a Niti Aayog report. The income is expected to double in 2016-17 with many more markets coming under UMP, said a senior agriculture marketing official. UMP, an initiative of the Rashtriya e-Market Services Ltd (ReMS), is...
More »It's time to give priority to women's work participation
MG Road is seldom considered as a safe place for working women who travel for work to either Gurgaon or Delhi. Almost everyday untoward incidents related to molestation, sexual harassment, kidnapping or rape that occur here are reported in various NCR-based newspapers. Clearly, safety of women office-goers and female workers is one of the major determinants of their (low) labour force participation, even in urban locations like Gurgaon or Delhi....
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