Budgetary allocation to a particular sector indicates how much priority the government assigns to that sector as compared to the rest. A preliminary analysis by the Inclusive Media for Change team indicates that the actual expenditure (net of receipts and recoveries) by two of the country’s most important ministries, namely the Ministry of Agriculture & Farmers Welfare (MoAFW) and the Ministry of Rural Development (MoRD) was less than 1 percent...
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Diesel price at all-time high as crude oil surges in international markets -Gireesh Chandra Prasad
-Livemint.com Diesel price touched Rs.61.74 a litre in Delhi, while petrol hit Rs.71.18 a litre, the highest since 1 August 2014 New Delhi: Diesel price rose to an all-time high on Monday as crude oil price continued to advance in global markets, impacting India’s oil import bill and inflation. Diesel price touched Rs61.74 a litre in Delhi, while petrol hit Rs71.18 a litre, the highest since 1 August 2014, according to information provided...
More »Jobs Increase in 2017 - Just 0.5% -Subodh Varma
-Newsclick.in PM Modi - who promised to create 1 crore jobs - is supremely indifferent to this crushing crisis. In Jind district of Haryana, 8 posts of peon and one post of process server were advertised. Authorities were inundated with 14,836 applications for the former and 3662 for the latter. That’s about 2055 applicants per vacancy. Although the peon’s position required just class 10 eligibility, graduates, post graduates and even PhD...
More »Agriculture ministry expects upward revision of farm growth rates -Sayantan Bera
-Livemint.com The agriculture sector is expected to grow higher than projected 2.1% growth rate in 2017-18 due to likely better output of Kharif and Rabi crop s, the ministry said New Delhi: Days after the Central Statistics Office (CSO) estimated India’s farm growth rate at a poor 2.1% in 2017-18, the agriculture ministry on Sunday said it expects the farm sector to grow at a much higher rate, based on better-than-expected production...
More »Agriculture ministry differs with CSO over estimated growth of farm sector
The Ministry of Agriculture and Farmers Welfare has contended that the growth in real Gross Value Added (GVA) by the agrarian sector will not decline in 2017-18 vis-à-vis 2016-17 as has been predicted by the Central Statistics Office (CSO). The first advance estimates of CSO show that the growth rate in GVA at basic price (at 2011-12 prices) of the 'Agriculture, forestry & fishing' sector is likely to dip from 4.9...
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