-The Indian Express GDP Growth rates for pre-2011-12 years, making it impossible to compare the new Growth data with the Growth during the UPA years. New Delhi: From a new gross domestic product (GDP) series to a revised Index of Industrial Production and inflation indices, alongside fresh interventions including payroll reporting based on EPFO data, statistical measurement tools to gauge economic development underwent some change over the past four years. In the...
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An unexceptional economic performance -Pulapre Balakrishnan
-The Hindu It is now clear that the Indian economy is moving along a lower Growth path At the end of May the Central Statistics Office (CSO) released much-awaited estimates of national income for the final quarter of the 2017-18 financial year. The timing coincided with the completion of four years in office of the National Democratic Alliance (NDA) government. In a propaganda blitz, surging through the Net, the government embraced the...
More »Explained: What is the Swaminathan Commission report and what are its recommendations?
-MoneyControl.com The main aim of the commission was to come up with a system for sustainability in farming system and make it more profitable and cost competitive in farm commodities Farmers belonging to Madhya Pradesh began a 10-day strike on June 1 to seek better Minimum Support Price (MSP), a waiver for farm loans, higher compensation for damaged crops and full implementation of the MS Swaminathan report. Earlier this year, lakhs of farmers...
More »PMFBY: Modi govt's crop insurance scheme sees decline in farmers' enrolment -Namrata Acharya
-Business Standard Between FY16 and FY17, the number of farmers enrolled in the scheme declined from about 57.3 million to about 48.5 million, a fall of around 15% Kolkata: The Pradhan Mantri Fasal Bima Yojana (PMFBY), the flagship crop insurance scheme of the Narendra Modi government, has entered its third year of operation, albeit with a substantial decline in farmers' enrolment in its second year, the data reveals. Between FY16 and FY17, the...
More »Why are farmers angry -Harish Damodaran
-The Indian Express Behind the agitation, stagnant income and deteriorating terms of trade for agriculture New Delhi: Why are Indian farmers an angry lot today — stopping the supply of vegetables to cities and even spilling milk on roads? An answer to this can be found in the estimates of gross domestic product/ national income Growth from the Central Statistics Office. The accompanying table shows two sets of Growth figures. The first is...
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