For the fifth year in a row, horticulture production is expected to surpass foodgrain production. However, as compared to the crop years 2014-15 and 2015-16, when drought was faced by most Indian states, horticulture production this year is predicted to rise by a meagre amount. As compared to 2014-15 and 2015-16, horticulture production this year is expected to rise by 2.2 percent and 0.4 percent, respectively. However, as compared to...
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Holes in DeMo armour
-The Telegraph Mumbai: Prime Minister Narendra Modi could well choose to crow about the 7 per cent GDP growth in the third quarter of 2016-17 which, he believes, has blunted criticism about his demonetisation drive and its widely anticipated crippling impact on the economy. But analysts have started to focus attention on how the Central Statistics Office (CSO) "cooked" the numbers of the third quarter of 2015-16 to make the growth rate...
More »GDP data: The plot thickens -Udit Misra
-Business Standard Data presents a rosy picture but fails to convince New Delhi: For anyone who understand, or at least deludes himself to believe that they understand, how the economy works, the latest data by the Central Statistical Organisation (CSO) on the quarterly gross domestic product (GDP) should come as a shock. Ever since the Prime Minister stunned the nation by announcing demonetisation on November 8 last year, economists of all hue...
More »In this Bundelkhand Village, a Cry for Food, not Development -Neha Dixit
-TheWire.in Farmer suicides and hunger deaths plague flagship village of SP government. “Have you heard of kangaali mein aata geela? That is our situation,”says Sugha Singh as he sits outside Balwan Singh’s house along with other village men under the tree on a warm February afternoon. He is referring to an old Hindi idiom which means getting into more hardships one after another. They are mourning the death of Munni Devi, 78,...
More »Bumper foodgrain output expected in 2016-17 but production during rabi may be lower vis-a-vis 2013-14
After facing intense criticisms from various sections of the society following its policy of demonetisation during November-December, 2016, the NDA government has finally something solid to cheer about. Riding on the back of a normal monsoon, gross foodgrain production is likely to reach a record level of about 272.0 million tonnes in the crop year 2016-17. As per the second advance estimates of foodgrain production, which has been released by...
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