-TheNewsMinute.com Set up in 2017, Kisan Mitra provides counselling to distressed farmers and acts as a bridge between them and the government. “It was during the 2018 floods that we got a call from a farmer in Adilabad. The caller didn’t need any help for himself but said that his neighbour has been sitting in a corner of his field since morning with a bottle of pesticide in his hand. The...
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Growth in Agri GVA deflator saw a rising trend between 2005-06 & 2009-10, despite using different sources of back-series data
The year-on-year (y-o-y) growth rate in Agri Gross Value Added (GVA) deflator (an alternative measure of inflation) shows a rising trend between 2005-06 and 2009-10. In other words, price rise pertaining to the agrarian sector accelerated during the period under discussion. This particular trend has been observed irrespective of whether one uses the GVA/GDP back-series data (Base 2011-12=100) that was computed by the National Institution for Transforming India Aayog (NITI Aayog)...
More »Rural India buying less of consumer products due to falling income -Viveat Susan Pinto & Shally Seth Mohile
-Business Standard Falling incomes and longer winter to translate into lower demand for at least some months The new financial year is not much cheer to companies which generate a large chunk of sales in rural India. Their chief executives say slowing economic growth and falling rural wages are leading to a sharp fall in demand, one that will reflect in the next few quarters. A longer winter season has delayed offtake of...
More »Rahul Gandhi reveals Rs 15cr worth of assets, Rs 1cr income in FY18 -Rajiv G
-The Times of India THIRUVANANTHAPURAM: AICC president Rahul Gandhi owns assets worth Rs 14.85 crore. This is Rs 4.85 crore more than what he had declared during the 2014 Lok Sabha elections. In 2014 he had declared assets worth Rs 10 crore. In the affidavit filed before the Wayanad district collector on Thursday along with the nomination, Rahul Gandhi has declared that he has movable assets worth Rs 5,80,58,799 and immovable assets...
More »PM Kisan is fine, but raise investment to make farming sustainable -Ashok Gulati & Ritika Juneja
-Financial Express Just ahead of the 2019 general elections dates announcement, the prime minister launched the centrally sponsored ‘Pradhan Mantri Kisan Samman Nidhi’ (PM-Kisan) scheme of Rs 75,000 crore for small and marginal farm families. On February 24, 2019, from Gorakhpur in Uttar Pradesh, he transferred the first installment of Rs 2,000 each (out of `6,000 per annum) into the bank accounts of 1.01 crore farm families, amounting to `2,021 crore....
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