-BusinessToday.in New Delhi: Prime Minister Narendra Modi is a great orator. He also makes grand announcements about ambitious targets, leaving hapless officials and others to work out the details. And sometimes, exactly what he meant while making that announcement is not very clear to the people tasked with working out strategies and policies to achieve that target. One example is his speech during the Kisan Rally in Bareilly, UP, on 28th February...
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Icrier Study: Agri research & education funding heavily skewed
-Financial Express Among the six states studied by Icrier, Gujarat spends the most on agriculture R&E (0.59%), followed by Bihar (0.50%), Punjab (0.41%), Odisha (0.25%), Uttar Pradesh (0.17%) and Madhya Pradesh (0.24%). The government’s expenditure on agricultural research and extension education services is not only very low but also heavily skewed in favour of crops, even as the dairy sector has a rapidly increasing share in the gross value of output...
More »Cracking the rural consumption puzzle -Aarati Krishnan
-The Hindu Business Line The surge in non-farm employment has led to a rural consumption splurge, making listed companies bullish Is rural India languishing in abject misery, or is it on a cheerful spending spree? Today you can get diametrically opposing views on this, depending on where you get your information. If you are an avid follower of news, then you would be firmly in the pessimist camp, having read all about...
More »Agricultural sector growth slows down to 3%, show new estimates
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...
More »Too clever by half? -Venkatesh Athreya
-Frontline.in Despite its deeply flawed neoliberal perspective, Economic Survey 2017-18 is rich in detail, has many useful analytical discussions at different levels of aggregation, and would serve as a useful resource for students and scholars. When Arvind Subramanian, the present Chief Economic Adviser to the Ministry of Finance who took office way back in October 2014, presented his first Economic Survey, the one for 2014-15, there was considerable novelty on offer, at...
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