-Livemint.com Bihar’s development record under the Nitish Kumar government has been commendable Elections are decided by many factors. But the Bihar elections are being portrayed as a choice between voting for development or caste. We take a look at Bihar’s development record under Nitish Kumar. Chart 1: It has often been said that Bihar’s gross domestic product (GDP) growth is high in percentage terms because of its low base. It’s better, therefore,...
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New crop insurance scheme to charge 2% premium for pulses -Sanjeeb Mukherjee
-Business Standard At present, the average crop insurance premium on pulses that a farmer has to pay ranges between 10 per cent and 12 per cent of the sum insured New Delhi: To provide a safety net to growers of pulses, which could also help boost production, the Centre's proposed new crop insurance policy has pegged the burden of premium on pulses at a moderate two per cent of the sum insured. Officials...
More »India’s rural crisis, slowed farm growth may hurt 7.5% GDP dream -Zia Haq and Gaurav Choudhury
-Hindustan Times When Prime Minister Narendra Modi met some prominent billionaires last month, seeking quicker job-creation and investments, many industrialists complained that falling rural demand for goods was rocking their boats too. Incomes of India’s 833 million mostly poor rural population – a huge market for all kinds of goods – are barely rising and it is a cause for worry. Farming contributes just 15% of India’s $2 trillion economy, but half...
More »Beef-ban issue hits Rs 2,500 crore cow-breeding business in Punjab
-PTI CHANDIGARH: The raging controversy over cow slaughter has hit the Rs 2,500 crore business of breeding cows in Punjab with dairy farmers accusing the state's Gau Sewa Commission of "harassing" them by "inordinately" delaying the necessary permission for export of bovines to other states. Dairy farmers under the banner of Punjab Progressive Dairy Farmers' Association alleged that the "inordinate" delay in getting the necessary permission from district authorities for export of...
More »Why poverty in rural India is still a concern -Ruhi Tewari
-The Indian Express The recently-released India Rural Development Report, which is endorsed by the government, says 7% of the rural population is ‘very poor’; villages in eastern Indian states are the worst affected. A World Bank report released this week has proposed a new way to measure poverty, which suggests that India may have been overestimating the number of its poor. According to a separate set of figures and analysis endorsed by...
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