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Ploughing to progress -Viney Sharma

-The Tribune The lure for land at a reasonable rate and better funding options are drawing farmer-entrepreneurs from Punjab and Haryana to Canada The North American nation is drawing farmer-entrepreneurs in large numbers from India’s breadbasket — Punjab and Haryana. No, they aren’t the rich ones buying luxury villas in exotic locales. They are the aspiring ones who expect to hit pay dirt as authorities in the former English colony provide agricultural...

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ILO: Strong wage policies are key to promote inclusive growth in India

-ILO News Despite real wage growth, inequality, informality and gender wage gap persist. New Delhi: While India’s economy in the past two decades has seen an annual average GDP rate of 7 % — low pay and inequality persist according to the India Wage Report: Wage policies for decent work and inclusive growth , published by the International Labour Organization. The NSSO estimates also indicate that the real average daily wage has doubled...

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Double-digit delight for Manmohan era

-The Telegraph New Delhi: A new set of economic data put out by a sub-committee of the National Statistical Commission has shown that the UPA government under Prime Minister Manmohan Singh clocked a double-digit growth rate of 10.08 per cent in 2006-07. The new calculations have to be vetted by the Central Statistical Commission and by a standards authority before they become officially acceptable. If the figure holds even after that scrutiny,...

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Over 50% agricultural households are facing indebtedness: Nabard -Remya Nair

-Livemint.com The average annual income of agricultural households was Rs 107,172, the National Financial Inclusion Survey 2016-17 shows New Delhi: Rural households have access to banking and have savings but investment levels and pension and insurance coverage remain very low, a financial inclusion survey conducted by the National Bank for Agriculture and Rural Development (Nabard) showed. At the same time, levels of indebtedness were high and nearly equalled annual incomes, according to...

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Income of farm households 23% higher than non-farm homes: Nabard survey

-The Hindu Business Line New Delhi: The income of agricultural households, which account for nearly half the rural households in the country, surged to Rs 1,07,172 in 2015-16 at a annual compound growth rate (CAGR) of 12 per cent since 2012-13. According to a rural survey carried out by the National Bank for Agricultural & Rural Development (Nabard), while the average annual income levels of non-agricultural households in 2015-16 stood at Rs...

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