-The Hindu The government must target labour market rigidities to maximise gainful employment in the textile sector. India’s textile and apparel industry is all set for an overhaul as the new National Textile Policy will soon be placed before the Cabinet for approval. The government has already accepted a Rs.60 billion special package for this sector with an aim to create 10 million new jobs in the next three years, attract investments...
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TCA Anant, Chief Statistician of India, speaks to Dilasha Seth and Indivjal Dhasmana
-Business Standard As economic growth came in at 7.9 per cent in the fourth quarter of 2015-16, many argue that much of it could be attributed to discrepancies. Chief Statistician of India T C A Anant dispels these notions. He tells Dilasha Seth and Indivjal Dhasmana that the principal method of calculating the gross domestic product (GDP) is by taking into account the production-side estimates and not an expenditure one. Edited...
More »Farmers earn lesser than industrial, services sector workers: Agriculture minister
-PTI Radha Mohan Singh total number of agricultural workers in the country increased from 234.1 million in 2001 to 263 million in 2011. Therefore, it cannot be categorically stated that farmers are leaving the profession of agriculture. Farmers are earning less than workers in industrial and services sectors because of lower farm output, Parliament was informed Tuesday. "Income from the farm sector is less as compared to income from industrial and services sector,"...
More »Water shortage could cost some regions 6% of GDP: World Bank -Mayank Aggarwal
-Livemint.com World Bank report says combined effects of growing populations, rising incomes and expanding cities will see demand for water rising exponentially, while supply becomes more erratic and uncertain New Delhi: Water scarcity, exacerbated by climate change, could cost some regions up to 6% of their gross domestic product (GDP), spur migration and spark conflict, said a report released by the World Bank on Tuesday. The report, High and dry: Climate change, water...
More »Rice and fall of great desi crop: India has lost 1.10 lakh traditional varieties
-The Times of India Rice varieties that could grow during droughts or floods, tolerate saltwater, and carry distinct aromas or medicinal benefits - India has lost 1.10 lakh such traditional rice types. Some fifty years ago, these varieties abounded in the country, which is striving currently to ensure food security for all. Now, however, only 7,000odd local varieties remain and not all are grown. A traditional variety of rice is passed from...
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