India’s growth is not falling, although it is not as high as before If there is a crisis, there should be economics to deal with it; what use are economists if they are not around to help out when things get bad? And it is not enough to have economics. There was plenty of economics in 1929. As output and employment plummeted, economists said, this is good. It will take...
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Father of green revolution no more with us
World leaders have mourned the sudden demise of Norman E Borlaug on 12 September, 2009 in Texas, United States. He was 95. He is remembered for his role in bringing green revolution technology that increased food production in ‘hunger’ belts of the world during the 1960s and 1970s. His contribution to India’s self-sufficiency in foodgrain production is well-known. It is his work that earned him the popular title of the...
More »Richer states, poor performance, in reducing malnutrition
We normally assume that malnutrition is a disease of the poorer states, which the richer states are in the process of curing. It now transpires that malnutrition among women and child undernourishment, two essential markers of human development, are rampant in richer states as well. States with high per capita incomes such as Gujarat and Haryana have performed poorly in transforming the growth they have experienced into the well-being of...
More »Drought management for rural livelihood security
Agriculture is not just a food producing machine but the backbone of the livelihood of 60 per cent of Indians. The extensive drought spotlights a situation of mass rural deprivation and a mindset that is insensitive to it. But there are some encouraging signs. What should be done to meet the challenge? There are reports in financial newspapers that the ongoing drought affecting nearly 200 districts in the country may...
More »Key Facts
Output and Growth According to the [inside]Economic Survey 2017-18, Volume-2[/inside] (please click here to access): • The growth rates of agriculture & allied sectors have been fluctuating at 1.5 per cent in 2012-13, 5.6 per cent in 2013-14, (-) 0.2 per cent in 2014-15, 0.7 per cent in 2015-16 and 4.9 per cent in 2016-17. • The Gross Capital Formation (GCF) in Agriculture and Allied Sectors relative to Gross Value Added (GVA) in...
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