-PTI NEW DELHI: Eyeing economic gains through ecological work, non-profit organisation Pradan, along with Chhattisgarh government, has launched a watershed project in the state to enhance the income of 1 lakh small and marginal farmers, of whom over 40 per cent belong to Scheduled Tribes. A watershed is a chunk of a land that drains out at a common point. The watershed development approach takes a comprehensive account of the people, land,...
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Backdated GDP series and future growth -Ashima Goyal
-The Hindu Business Line The new series data cannot really be faulted. But it is important not to repeat the policy mistakes that hit industrial growth The 2011-12 base backdated GDP series led to much discussion. The reduction in past growth rates gave them a political colour. It is unfortunate if the independence of the CSO and associated experts is questioned just because of this coincidence. A rebasing that uses much richer...
More »Hope with concerns in 2019 -C Rangarajan
-The Hindu Five issues need to be addressed comprehensively if India is to achieve sustained high growth The New Year is always looked forward to with hope, whatever the conditions might have been the previous year; 2018 has been a mixed bag, both globally and domestically. Globally, the growth rate in 2018 was high, particularly in the United States. But strong signs of a trade war emerged, dimming hopes of faster international trade....
More »Government may sow big scheme to weed out farm distress -Deepshikha Sikarwar
-The Economic Times With the general election a few months away, the central government has begun crunching the numbers in preparation for a comprehensive programme to help farmers tide over challenges posed by a dip in prices and dwindling incomes. The government is keen on a more substantive intervention than a loan waiver at the central level to alleviate agrarian distress besides stepping up investments in the sector, having concluded that writing...
More »Statement of intentions
-The Hindu Business Line NITI Aayog’s document sets out economic goals, but there’s no roadmap The NITI Aayog’s Strategy for New India @75 lays out a checklist of priorities for economic policy-makers over the next three years. It sets out as an immediate priority, the ramping up of the Investment Rate to 36 per cent of the GDP by 2022, from 29 per cent at present in order to hit a growth...
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