-The Hindu There are multiple ways to arrive at an answer, but each metric points in a different direction. If someone asks you how the Indian economy is doing, how would you answer? Would you say that the Gross Domestic Product and Gross Value Added (GVA) are both above 7 per cent, and so the economy is growing strongly? Or would you say that the Index of Industrial Production (IIP) has contracted for two straight...
More »SEARCH RESULT
Good monsoon signal for crops
-The Telegraph New Delhi: The countrywide monsoon rainfall this season was three per cent below average instead of the predicted six per cent above average, but it was distributed well enough to promise good crop yields, scientists said. An end-of-season analysis by the India Meteorological Department (IMD) shows that the quantum of the all-India rainfall was about 97 per cent of the long-period average. It also reveals that 27 of the country’s 35...
More »IMD may have got its monsoon forecast wrong
-Livemint.com India has so far received 5% lower rainfall, compared with the Long Period Average, since the onset of the June-to-September monsoon India has so far received 5% lower rainfall, compared with the Long Period Average (LPA), since the onset of the June-to-September monsoon. Around 86% of India has received normal to excess rainfall while 14% still faces a deficit. The India Meteorology Department (IMD) in June forecast that seasonal rainfall is likely...
More »Record increase in sown area under pulses during kharif 2016-17, shows latest data
A fall in the rate of inflation (on point to point basis) in Consumer Food Price Index (CFPI) from 8.35 percent in July to 5.91 percent in August this year is indicative of the positive developments that has taken place during recent months in the agricultural sector, which is expected to further cool off food prices in the near future. A document from the Ministry of Agriculture and Farmers Welfare...
More »Retaining MGNREGA's core -Brinda Karat
-The Hindu Held to account by the Supreme Court, the Central government is using opaque methods to change the key provisions of the employment guarantee scheme and make it targeted instead of universal. There is a pithy saying in Hindi that the elephant has two sets of teeth, one for show and the other to eat. This seems an apt description of the approach of the Narendra Modi government towards the implementation...
More »