A recent report by the National Bank for Agriculture and Rural Development (NABARD) enlightens one about the state of farmers' income and indebtedness in 2015-16. Entitled NABARD All India Rural Financial Inclusion Survey 2016-17 – in short NAFIS 2016-17 – the report says that between 2012-13 and 2015-16 the average monthly income for agricultural households grew by around 39 percent. One may recall that the Key Indicators of Situation Assessment Survey...
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1,648 people died every year during 1953-2016 due to floods or heavy showers, shows recent CWC data
The Central Water Commission (CWC) has released the state-wise and national-level annual data on human and economic costs associated with floods or excessive rainfall for the last 64 years at a time when the North East is devastated by nature's fury. That data indicates that on an average 3.2 crore Indians were affected by floods or excessive rainfall every year between 1953 and 2016. Floods or downpours took a heavy toll...
More »Agricultural sector growth slows down to 3%, show new estimates
The Central Statistics Office (CSO) has recently made an upward revision to the growth to be experienced by the agrarian economy in the present crop year (viz. from July, 2017 to June, 2018). The growth in real Gross Value Added (GVA) by the agrarian sector as a whole is expected to be 3.0 percent in 2017-18 as per the second advance estimates of national income for 2017-18, which was released...
More »Delhi and Punjab richest states, Jain wealthiest community: National survey -Roshan Kishore
-Hindustan Times People in Delhi and Punjab are the richest, with more than 60% of their households in the top wealth quintile. Why is Gujarat like Christians and Delhi like Jains? The analogy has nothing to do with religious beliefs of these two states. However, the comparison holds if one were to compare wealth levels of the population in these two states with that of the two religious groups, on the basis of...
More »Whose development is it anyway? -TK Rajalakshmi and Akshay Deshmane
-Frontline.in The Assembly elections have put under intense scrutiny Narendra Modi’s Gujarat model of development which is touted as worthy of replication throughout the country. Audit reports of the CAG provide ample evidence of it being inefficient, corrupt and not beneficial to the common people. THE standard indicators of development, as is understood in theory and practice, comprise a range of indices, and not necessarily the level of private investment in...
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