-The Business Standard The rural non-farm sector has emerged as India's largest job creator since 2000 and needs to play a pivotal role in our structural transformation Job creation has to be a pressing priority for any new government. But it is worthwhile trying to understand the nature of our employment challenge. The unemployment rate, as understood in the Organisation for Economic Co-operation and Development (OECD) world, is not a very useful indicator...
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Checking a claim
-The Business Standard Making the agriculture growth story sustainable Finance Minister P Chidambaram's claim in his interim Budget speech of "stellar performance" of the agriculture sector is based on numbers, though it needs to be analysed from different perspectives to get a true picture. There is no doubt that agricultural gross domestic product may grow by 4.6 per cent this year. The past 10 years' average, too, may work out close to...
More »Making agriculture remunerative -Ashok Gulati, Nidhi Satija & Bhavik Lukka
-The Financial Express Unless we get it right on the markets front, including opening up of exports, farmers cannot get their full due One of the key objectives of agricultural price policy in India is to ensure that agriculture remains a remunerative occupation so that farmers are incentivised to adopt modern technologies that help raise productivity and overall production of various crops in the country broadly in line with the emerging demand...
More »Gujarat among industrial growth laggards in FY12-Somesh Jha
-The Business Standard The state was the sixth-worst during the year, according to the Annual Survey of Industries data A set of government data released recently seems to puncture the Narendra Modi-led Gujarat government's claim that the state's industrial performance has been robust. According to the data fron the Annual Survey of Industries (ASI), the industrial growth rate for the state's organised sector slumped below one per cent in 2011-12. And, in fact,...
More »The goat and the GDP -Surinder Sud
-The Business Standard Demand for products from the 'poor man's cow' is rising exponentially and should be encouraged. A goat is generally potrayed as a "poor man's cow". But that seems to be an understatement. Compared to cows, goats are more hardy, multi-utility, easy-to-maintain and prolific animals that can efficiently convert low-value vegetation, tree leaves and crop residues into high value meat, milk, hide, manure and fibre, including the much sought-after Pashmina...
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