-PTI New Delhi: Use of soil health card has helped farmers substantially reduce the cost of production and achieve higher production, thereby increasing farm income up to ?30,000 per acre, depending on the crop, according to a government study. The study, conducted by the National Productivity Council (NPC) in 76 districts of 19 States, covering 170 soil testing labs and 1,700 farmers, has been released on the completion of five years of...

-Livemint.com With no significant spending increase to boost consumption or other major reform, the 2020 budget may lack the firepower to reignite the Economy A growth slump, a precarious fiscal position and rising inflation: these are extraordinary times for the Indian Economy. Yet in the 2020 Budget, these extraordinary times did not lead to the extraordinary measures so many economists were clamouring for. Like previous budgets under this government, the latest one...

-TheWire.in Consumer spending surveys help set the base year for key macroeconomic data, including gross domestic product. New Delhi: More than a month after National Statistical Commission (NSC) chairman Bimal Kumar Roy said the official survey report showing a dip in consumer spending for the first time in over four decades would be made public, the autonomous data body decided against releasing the report. When asked why the NSC departed from its earlier...

-Down to Earth Nirmala Sitharaman's Budget has all the ingredients to deepen India’s farm crisis These are desperate times for India. Rural unemployment was at a 45-year-high while consumption expenditure of rural families fell 9 per cent between 2011-12 and 2017-18, according to a report by the National Sample Survey Office (NSSO), which the government never released but got leaked to the media in November 2019. Between 2011-12 and 2015-16, the income of farmers...

-Newsclick.in Joblessness is zooming, inflation is at six-year high led by food inflation, exports are down further, industrial production is stagnant and investment is at a standstill. In the last six months or so, the Modi government has supposedly been paying close attention to the sinking Economy, with a flurry of meetings, announcements of freebies to corporates, fervent assurances to markets and budget shenanigans to supposedly keep the deficit in check and...