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Bank credit: is it growing, and where's it going? -Aarati Krishnan

-NDTV Lenders have loosened purse strings, but some sectors are monopolising bank loans. Hence the clamour for more credit Credit flow to industry, or the lack of it, has been a bone of contention between the Centre and the Reserve Bank of India (RBI). While RBI and its supporters assert that bank lending is now growing at a brisk pace, the government and industry lobbies insist that the credit taps remain shut....

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The numbers game -Puja Mehra

-The Hindu A structural break can be observed in the GDP back series before and after the year 2011-12 India’s national income statistics are under a cloud. The Central Statistics Office (CSO) has released official revisions of the GDP estimates for the years 2004-05 to 2013-14 in the Manmohan Singh-led government’s tenure. The revisions make the Narendra Modi government’s performance on the economic front appear better than that of its predecessor. In 2015,...

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A self-goal for India -Santosh Mehrotra

-The Hindu There are substantive reasons for the questions being raised about the new GDP back series Without in any way impugning the integrity of the Central Statistics Office (CSO), most knowledgeable people are asking: if most important indicators of the Indian economy were better in 2004-2014, how is the GDP Growth rate higher in estimates just released (7.4% per annum since 2014 and only 6.7% per annum in 2005-2014)? This is...

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Marginal & small holdings saw increased fragmentation & contracted size between 2010-11 and 2015-16, indicates latest Agriculture Census

Just a few days ahead of the Kisan Mukti March in Delhi NCR, the provisional results of the Agriculture Census 2015-16 became available in the public domain. The report, among other things, highlights the long-term problems affecting Indian agriculture including fragmentation of land holdings (particularly the marginal and small ones) and shrinking average size of farm land. The provisional results of the latest Agriculture Census reveal that at the national level...

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India must shift focus from food to nutrition security: IFPRI chief -TV Jayan

-The Hindu Business Line According to Shenggen Fan, India is suffering from the double burden of malnutrition, as well as over nutrition. New Delhi: If India has to contain high levels of hunger and poverty in the country, it should shift its focus from food security to nutrition security, as done by Thailand and Bangladesh, said Shenggen Fan, Director General of the Washington-based International Food Policy Research Institute (IFPRI). “India has two good...

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