-The Indian Express With a glut in agricultural production, prices have fallen below MSPs. The government needs to get the agri-market right to address the farm crisis The farmers’ protests in Madhya Pradesh (MP) and Maharashtra indicate that all is not well on the economic front, especially agriculture. If such unrest could happen in MP, which claims to have registered the fastest agri-GDP growth at 9.7 per cent per year during...
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No Jobs, And Now No Skills -Vineet John Samuel
-HuffingtonPost.in What the dissolving of Skill India’s ambitious targets says about India’s tryst with jobless growth. The recent figures released by the Labour Bureau's Quarterly Economic Survey have pointed to a rather dangerous trend in terms of employment for the country. According to the latest government data, job creation for the nine months running up to December 2016 for the eight labour-intensive sectors of the economy was at an abysmally low 2.31...
More »No clear-cut trend in economy going cashless
Paytm's founder Vijay Shekhar Sharma was in the news recently for signing a deal to purchase a Rs. 82 crore worth property in Lutyens’ Delhi. He is credited with the growth of Paytm's mobile wallet services, which is currently being used by over 220 million users across the country. Although Paytm was launched in 2010, the popularity of its mobile wallet services and payment gateway among the ordinary citizens grew...
More »Loan waiver necessary, but alternative farm practices the need of the hour: Desarda -Veydaant Khanna
-The Hindu Economist suggests implementation of a radical form of and distribution and ‘low external input sustainable agriculture’ system Mumbai: Economist and former member of Maharashtra State Planning Board H.M. Desarda, on Tuesday termed the recently announced farm loan waiver by the State government as a necessary but not sufficient condition to deal with the problems related to agriculture. Prof. Desarda linked today’s problems in agriculture to ecology and traced their origins to...
More »Economic forecasting is not a science -Prashanth Perumal
-The Hindu India lost its tag as the ‘world’s fastest-growing economy’ last month as its fourth quarter GDP growth fell to 6.1%, the slowest in two years. Very few economists expected the slowdown. In fact, most waited for the economy to rebound as it quickly healed from the impact of the demonetisation of high-value rupee notes in November. Critics of demonetisation felt vindicated, particularly after GDP figures for the third quarter...
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