A recent press release by the Cabinet Committee on Economic Affairs (CCEA) shows that the declared minimum support price (MSP) for most kharif crops to be marketed in 2019-20 is at least 50 percent above the cost of production. The official information related to the newly declared MSP, which came two days ahead of the Union Budget presentation, gives the impression that the newly re-elected NDA government has kept its promise...
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Loan schemes don't reach 59% of rural India: Survey
-PTI * Survey also noted that the next generation in 48% farming families does not want to pursue agriculture * At least 43.6 per cent farmers said they did not get the correct price for their produce, said the survey conducted rural media platform Gaon Connection NEW DELHI: Loan schemes don't reach almost 60% people in rural India, says a new survey which also finds climate change to be the biggest challenge for...
More »Which one is a better indicator for depicting the problem of joblessness -- Proportion Unemployed or Unemployment Rate?
In a recent blog post, Columbia University professor Arvind Panagariya mentions that the critics of the present Prime Minister of India failed to underscore ‘employment rate’ -- flip side of unemployment rate -- that stood at nearly 94 percent according to the report on Periodic Labour Force Survey 2017-18. A recent article by Dr. Vikas Rawal and Prachi Bansal, however, points out that in order to understand the problem of joblessness...
More »Why the integrity of data matters -A Vaidyanathan
-The Hindu The merger of the NSSO into the Central Statistics Office is a cause for concern The announcement that the government has decided to merge the National Sample Survey Office (NSSO) into and under the Central Statistics Office (CSO) has caused both surprise and concern. What exactly the ‘merger’ means remains unclear. Recent attempts to question the veracity of National Sample Survey (NSS) data and the way the issue has been...
More »Bihar, U.P. & West Bengal are worst affected by arsenic contamination in groundwater, says recent report
The Ministry of Water Resources, River Development and Ganga Rejuvenation (MoWR, RD & GR) in its latest report has identified arsenic hotspots across the country, most notably in the states of Assam, Bihar, Gujarat, Haryana, Madhya Pradesh, Punjab, Uttar Pradesh and West Bengal. Please consult chart-3 to get an idea about the geographical spread of arsenic hotspots in India. On the basis of arsenic concentration in the range 0.01-0.05 mg per litre...
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