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Food Consumption Trends Point at Real Income Decline Before Pandemic -Prabhat Patnaik

-Newsclick.in Why has there been a tendency toward persistent ‘excess supply’ in the foodgrain market when growth rate of foodgrain output has barely exceeded the population growth rate? The pandemic and the lockdown are certainly causing an absolute shrinkage in the gross domestic product (GDP) of the Indian economy. But these tend to obscure something very serious that was happening even earlier, namely, a real income decline for vast numbers of working...

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Pesticide offtake edges up even as more farmers shun agrochemicals -Vishwanath Kulkarni and V Sajeev Kumar

-The Hindu Business Line AP, Kerala, Punjab, TN, Rajasthan, M.P. and Chhattisgarh see a dip in consumption After witnessing a slump in 2018-19, pesticide consumption registered a marginal growth in 2019-20. However, more States are reporting a decline in usage of agrochemicals on rising awareness of the harmful effects among both producers and consumers. States such as Punjab, Rajasthan, Andhra Pradesh, Tamil Nadu, Chhattisgarh and Kerala reported a decline in usage of technical...

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How True Is Modi's Claim That His Decisions Saved India From the Worst of COVID-19? -Vasudevan Mukunth

-TheWire.in Prime Minister Modi uses only the visible – the hardware – to claim India is 'better off because of right decisions at the right time', even though the claim isn't even true. Prime Minister Narendra Modi’s claim on July 27 that India “is in a better position than other countries” even as a slew of successive lockdowns fattened the COVID-19 case-load curve instead of flattening it, reflects his tendency to make...

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Centre unable to pay GST dues to States: Union Finance Secretary -Sobhana K Nair

-The Hindu GST Act allows change in formula, Ajay Bhushan Pandey tells Parliamentary Standing Committee on Finance. Finance Secretary Ajay Bhushan Pandey told the Parliamentary Standing Committee on Finance, headed by BJP MP Jayant Sinha, at a meeting on Tuesday that the government is in no position to pay the GST share of States as per the current revenue sharing formula, sources said. According to at least two members who attended the meeting,...

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Rural job scheme meets half its revised target of 300 crore person work days, demand still unmet -Surya Sarathi Ray

-Financial Express Over 152 crore person (work) days have been created under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) so far during the current fiscal, and this is more than half the ambitious revised target of 300 crore days set for the whole of the year, according to the official dashboard. In the April-July period of last fiscal, the person days created under the scheme were just 116 crore. Please click...

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