-PTI Mumbai: Defying the impact of the note-ban which has yanked down consumer sentiment, rural wages have been on a steady upward spiral, rising by 7.3 per cent in November, suggesting a likely release of pent-up demand after demonetisation, says a report. “Nominal rural agricultural wages rose to 7.3 per cent year-on-year in November, from 6.9 per cent in October, remaining well above the previous 12-month Average of 4.8 per cent,” Japanese...
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Acreage under rabi crops declined in 2016-17 as compared to 2013-14
As opposed to what has been said officially about the positive impact of demonetisation on rabi sowing, acreage actually declined in 2016-17 as compared to a normal year. Let us see why this has been so. On New Year’s Eve, Prime Minister Narendra Modi while addressing the nation post-demonetisation, among other things, said: “...Friends in the last few weeks, an impression was sought to be created that the agriculture sector...
More »Mihir Shah Committee report recommends a paradigm shift in water management
Against the backdrop of drought that affected most states in the past 2 years, it is essential to take a look at a report on improving water governance in the country, which was submitted to the Ministry of Water Resources in July, 2016. That report, which was prepared by the Committee on Restructuring the Central Water Commission (CWC) and Central Ground Water Board (CGWB) under the chairpersonship of Dr. Mihir...
More »Note ban has caused loss of Rs 20,000-50,000 per acre, claims famers' union
-IANS New Delhi: India’s cash-driven agri sector continues to reel under the effects of demonetisation, with farmers growing fruits and vegetables suffering “huge losses”, say farm leaders who want the Union budget to “compensate” them for these losses. Amid reports of farmers dumping or refusing to harvest crops like tomatoes and peas due to a crash in prices as traders did not have the cash to purchase the produce, farmer leader Ajay...
More »India's five hottest years since 1901 came in past 15 years, IMD data shows -Prerna Kapoor
-Livemint.com India’s top five warmest years since 1901 have been recorded only in the last 15 years New Delhi: The latest data released by the India Meteorological Department (IMD) reveals that 2016 was the warmest year for India in the last 116 years since 1901.Not just that, IMD’s “Statement on Climate of India during 2016” also reveals that India’s top five warmest years since 1901 have been recorded only in the last...
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