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Forget job growth, employment in India actually fell between 2014 and 2016 -Manas Chakravarty

-Livemint.com Data from the latest KLEMS India database shows that employment in the Indian economy shrank by 0.1% in 2015-16 and by 0.2% in 2014-15 Mumbai: Employment in the total Indian economy shrank by 0.1% in financial year 2015-16 and by 0.2% in 2014-15. Far from more jobs being created, employment has actually contracted. That is the finding from the latest KLEMS India database, a research project supported by the Reserve Bank of...

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Draft Bill on regulating pesticides could punish farmers who use spurious products, experts fear -Mridula Chari

-Scroll.in The proposed law is almost identical to the United Progressive Alliance’s 2008 Pesticide Management Bill. Months after more than 40 people in three states were reported to have died in the second half of 2017 after being exposed to spurious pesticides, the Bharatiya Janata Party government has begun consultations on a new Pesticides Management Bill. The deaths in rural Maharashtra, Tamil Nadu and Telangana highlighted the fact that the Insecticides Act...

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Doubling farmers' income discussed in a closed door meeting -Jitendra

-Down to Earth What is the use of strategy when no special budget was allocated to double farmers’ income, says a senior NITI Aayog official anonymously In a two-day closed door meeting on doubling farmers’ income, the government claimed that there is no lack of funds to implement a seven-point strategy devised to double farmers’ income by 2022. The national conference, Agriculture 2022 - Doubling Farmers’ Income, which ends today, hosts sessions...

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Govt needs to balance farmer, consumer interests: Assocham

-PTI The government has to walk a tightrope to balance farmers' and consumers' interest in view of the Budget announcement on MSP that could further push up inflation, industry body Assocham said today. In the Union Budget 2018-19, the government promised to fix the minimum support price (MSP) at 50 per cent higher than the cost of production. "The Budget with a huge focus on agriculture has raised expectation level in rural landscape....

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Another Budget, Another Year of Ignoring Binding Laws on Rights -Nikhil Dey and Aruna Roy

-TheWire.in The making of the Union Budget has been a far too secretive and hidden exercise. Social sector expenditure and allocations related to policy announcements should be matters of open ongoing debate. On December 20, 2017, a group of 60 eminent economists sent an open letter to the finance minister stating: “We are writing to draw your attention to two urgent priorities for the forthcoming budget.” The first was to increase the central...

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