-Voice of America NEW DELHI: Unseasonable rains and hailstorms have damaged wide swathes of crops in India, one of the world’s biggest producers of commodities such as wheat. The government has promised to enhance compensation for millions of farmers, who are staring at huge losses. Rains lashed much of India through March -- normally the time when dry weather and rising temperatures ripen the wheat crop, making it ready to harvest. Besides wheat,...
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Khadi Production in India: A Way Forward to Green Economy? -Sumanas Koulagi
-Economic and Political Weekly Unlimited growth for prosperity in a fi nite planet is not possible. Ecological economists like Tim Jackson, Peter Victor, and others talk about prosperity without growth and highlight the need for greening the economy on a community scale. Using the "criteria of green economy enterprise" set by Jackson and Victor as a tool, this article looks at khadi production, India's community-level cloth production system. Sumanas Koulagi (k.sumanas@yahoo.in) is...
More »NITI Aayog begins mid-term appraisal of 12th Five Year Plan
-PTI New Delhi: The NITI Aayog has initiated the mid-term appraisal process of the 12th Five Year Plan, an exercise which has long been followed prior to establishment of the new body that replaced the Planning Commission. Completing its 100 days, the National Institution for Transforming India (NITI) Aayog today said the last three months have been "tremendous" in the role of its inception as a think thank of the government. "NITI Aayog...
More »India ranks lower than even Nepal -Puja Mehra
-The Hindu Social Progress Index puts Norway on top, U.S. at 16th place Out of 133 countries rated on indicators of well-being such as health, water and sanitation, personal safety, access to opportunity, tolerance, inclusion, personal freedom and choice India has secured the 101th place. This is lower than India's rank, of 93, for GDP per capita income. Even Nepal and Bangladesh rank higher than India on the Social Progress Index (SPI)...
More »When statistics lie -Paranjoy Guha Thakurta
-The Asian Age The much-quoted sentence, "there are three kinds of lies: lies, damn lies and statistics", was attributed to the 19th century British Prime Minister Benjamin Disraeli by American author Mark Twain. Although researchers could never find such a statement in any written work of Disraeli, the sentence gained universal popularity to signify how economists and other number-crunchers use the "persuasive power" of figures to make a political point or...
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