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Burden of farm expense has increasingly passed from Centre to states -Abhinav Surya

-TheFederal.com Of the total public expenditure in agriculture, the Centre’s share fell from 50% to 37% between FY11 and FY20, while the states’ increased from 50% to 63% Fiscal federalism and Centre-state financial relations have always been a hotly discussed topic, with sharper debates arising in recent times. The total burden of public expenditure on the Central exchequer as a share of gross domestic project (GDP) has declined over the past decade,...

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Issues in Mitigation through Cold Chain: Supply-side Problems in Food Loss and Waste -Chandra S R Nuthalapati, S Mahendra Dev, and Rajeev Sharma

-Economic and Political Weekly The food systems approach proposes reducing food loss and waste as a potential solution to achieve food and nutritional security. This is formalised in the Sustainable Development Goals of the United Nations. Despite the issue receiving such ubiquitous recognition, systematic efforts to measure and address FLW are absent in India. Our calculations show that one-sixth of agricultural production, accounting for one-tenth of the Gross Value Added in...

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A hazy picture on employment in India -Ramesh Chand and Jaspal Singh

-The Hindu The trends in employment have not shown any clear and consistent patterns over the years The two important indicators of structural transformation in any economy are rates of growth and changes in the structural composition of output and the workforce. India has experienced fairly consistent changes in the first indicator, especially after the 1991 reforms, but the trend in employment has not revealed any consistent or clear pattern. The growth rate...

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India’s informal economy has not shrunk -Santosh Mehrotra and Kingshuk Sarkar

-The Hindu An SBI Research study’s claim that there is greater formalisation of the economy is unfounded According to a recent State Bank of India (SBI) Research report, the informal economy in India has been shrinking since 2018. Formalisation, the report says, has taken place through the gross value-added (GVA) route, consumption through increased digital payments, and the employment route. Let’s examine each of these. The report claims that the share of the...

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Informal sector shrank sharply in 2020-21: SBI report -Vikas Dhoot

-The Hindu Informal workers continue to bear the brunt of pandemic’s adverse effects, says SBI report Signalling a greater shift towards formalisation of the economy, the share of the large informal sector in overall economic activity dipped sharply in 2020-21 even as informal workers continue to bear the brunt of the pandemic’s adverse effects, the SBI said in a research report. Concluding that the share of the informal economy may have shrunk to...

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