-PTI Government's statement comes after a report has claimed the survey results were put on hold owing to its "adverse" findings. The Statistics and Programme Implementation Ministry (MOSPI) on Friday said it has decided not to release the Consumer Expenditure Survey results of 2017-18 Due to data quality issues. The MOSPI also mentioned that an expert panel has recommended that 2017-18 would not be an appropriate fiscal to be used as a base...
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Consumer spending falls for first time since 1973 Due to low rural demand: NSO data
-India Today The NSO report claims the consumer spending in villages for FY18 dipped by 8.8, whereas, it rose by 2% in cities over six years Consumer spending dropped for the first time since 1973 on weak rural demand, according to National Statistical Office (NSO). Latest consumption expenditure survey, titled 'Key Indicators: Household Consumer Expenditure in India', reveals that the average sum of money a person spends in a month dropped by 3.7%...
More »Lack of market, low yield dissuades Sangrur farmers from going organic -Avtar Singh
-Hindustan Times As per district agriculture department, around 15 farmers of Sangrur have adopted organic farming over 50 acres land in the district with different crops such as wheat, paddy, sugarcane and vegetables. The sowing season of wheat has begun in the state Chandigarh: Amid serious threats to human health and environment Due to the use of pesticides and fertilisers, some progressive farmers of Sangrur have chosen to produce organic wheat on...
More »Bengal CM Mamata Banerjee pegs loss Due to cyclone Bulbul at Rs 50,000 crore
-PTI Those who have enrolled their names for the state government's crop insurance scheme would get 100 per cent coverage for their loss, Mamata Banerjee asserted. West Bengal Chief Minister Mamata Banerjee, after conducting an aerial survey of cyclone Bulbul-hit areas in North 24 Parganas, said on Wednesday that the loss incurred by the state Due to the natural calamity might go up to Rs 50,000 crore. Mamata Banerjee handed over a cheque...
More »Dr. Surjit S Bhalla, economist and Executive Director for India on the board of International Monetary Fund (IMF), interviewed by Richa Mishra (The Hindu Business Line)
-The Hindu Business Line “Join the Regional Comprehensive Economic Partnership (RCEP), but do not ignore your internal market and demand. Ninety per cent of our bad export story is domestic challenges, 10 per cent is external environment or external policy,” says Economist Surjit S Bhalla. Seventy-one-year old Bhalla has a tough task ahead — to make New Delhi’s voice louder at the international forums as he is set to take charge...
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