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Food India wastes can feed all of Bihar for a year, shows govt study -Zia Haq

-Hindustan Times India is growing more food but also wasting up to 67 million tonne of it every year, a government study shows. That’s more than the national output of countries such as Britain. And enough food for Bihar, one of India’s larger states, for a whole year. The value of the food lost – Rs 92,000 crore -- is nearly two-thirds of what it costs the government to feed 600 million...

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A quiet revolution in farm mechanization -Sayantan Bera

-Livemint.com Madhya Pradesh is leading the way in setting up custom hiring centres, which rent out machinery to small farmers and employ rural youth to manage them Bhopal/ New Delhi: The frown on the face of Shakti Singh Tomar belies his recent successes. A 44-year-old farmer from Vidisha in Madhya Pradesh, Tomar proudly says he purchased a Mahindra Bolero SUV in 2014 by paying Rs. 8.1 lakh in cash. “Unlike others, I...

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Labour's love's lost -TT Ram Mohan

-The Hindu The proposed labour reforms seek to weaken worker protection at a time when the Indian economy is not creating enough jobs, and the right kind of jobs. On September 2, 10 trade unions in India organised what was said to be one of the largest labour strikes in history. An estimated 120 million workers took part. The unions were protesting against the government’s unwillingness to grant a 12-point charter of...

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Poor sanitation cost India 5.2% of its GDP -Sushmita Sengupta

-Down to Earth Lack of access to sanitation wiped off US $106.7 billion from India's GDP in 2015. It is almost half of the total global losses A report—True cost of sanitation—was published jointly by the LIXIL Group Corporation, Water Aid and Oxford Economics recently. Oxford Economics mainly works on economic forecasting and modelling. It says that in 2015 lack of access to sanitation cost the global economy around US $ 222.9...

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The great GDP fudge -Jairam Ramesh

-The Indian Express Same data, opposite conclusions, Dr Subramanian? “I am puzzled by the new GDP growth numbers. This is mystifying because these numbers, especially the acceleration, are at odds with other features of the macro economy. Import of goods declined. typically growth booms are accompanied by surges in imports not declines… similarly, real gross capital formation declined”. This was the chief economic advisor (CEA) Arvind Subramanian in an interview to the...

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