-The Hindu For jobs to grow, consumer demand has to improve consistently. This can only happen with an industrial policy, which India has not had since 1991 There will be no demographic dividend without growth in industrial and service sector jobs. The underlying logic behind a dividend is that as jobs grow, incomes rise and so do savings. Based on higher savings, the investment rate to GDP grows, resulting in faster GDP...
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Subsidies to farmers help agriculture? Perhaps not
-The Financial Express Rising dole hits both investment and productivity With around Rs 175,000-180,000 crore of annual expenditure on agriculture subsidies, the government probably feels it is doing a lot for the farmers and, come election time, will probably boast about it to get the rural vote. Yet, as an Icrier analysis at its ‘Supporting Indian farms the smart way’ workshop shows, not only is the rising subsidy not helping agriculture as...
More »Health cover: Too little, too scarce -Samarth Bansal
-The Hindu 80% not covered by any insurance, dependent on private sector for treatment. Over 80 per cent of India’s population is not covered under any health insurance scheme, says the latest National Sample Survey (NSS) released on Monday. The data reveals that despite seven years of the Centre-run Rashtriya Swasthya Bima Yojana (RSBY), only 12 per cent of the urban and 13 per cent of the rural population had access to...
More »Indian agriculture yet to catch up with neighbours on public spending, indicates IFPRI report
Amidst the prevailing gloominess over agrarian crisis, a recently released report says that the growth rate of agricultural output in both India and China were the same during 2008-2013. The agricultural gross domestic product (GDP) of both these countries on an average grew at 3.3 percent per annum during that period. The latest available data from the 2016 Global Food Policy Report, however, indicates that the neighbouring countries of Sri Lanka...
More »Addressing the root causes of farm distress -Usha Tuteja
-The Financial Express It is expected that the measures announced in the Budget will boost agricultural output and rural incomes It appears that Budget FY17 has not generated enough excitement in media, academics and the masses, including farmers. Currently, farm distress is a serious concern in the country. The livelihood security of the rural population is in peril. Farmers are in dire need of substantial help to come out of the crisis-like...
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