-Down to Earth Every rupee spent on weather forecasting fetches 50-fold economic gains to below poverty line farming families A survey by the National Council of Applied Economic Research (NCAER) has shown that timely delivery of weather advisories to farmers had a significant impact on their income. The survey was done to gauge the economic impact of India’s investments on the National Monsoon Mission (NMM) and High Performance Computing Facilities (HPC). It...
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Rathin Roy, Director of the National Institute of Public Finance and Policy, interviewed by Puja Mehra (The Hindu)
-The Hindu The slowdown is an outcome of supply-side constraints, says the economist The official GDP growth estimate for the July-September quarter, at 4.5%, is the lowest in 26 quarters. Rathin Roy, Director of the National Institute of Public Finance and Policy, and former member of the Prime Minister’s Economic Advisory Council, discusses the causes of the economy’s troubles and suggests possible remedies. Edited excerpts: * The Finance Minister says the economy is...
More »Rathin Roy, Director of the National Institute of Public Finance and Policy, interviewed by Puja Mehra (The Hindu)
-The Hindu The slowdown is an outcome of supply-side constraints, says the economist The official GDP growth estimate for the July-September quarter, at 4.5%, is the lowest in 26 quarters. Rathin Roy, Director of the National Institute of Public Finance and Policy, and former member of the Prime Minister’s Economic Advisory Council, discusses the causes of the economy’s troubles and suggests possible remedies. Edited excerpts: * The Finance Minister says the economy is...
More »Getting the GDP numbers right -S Mahendra Dev
-The Indian Express Estimates are not perfect, but the process is revised and fine-tuned. Former Chief Economic Adviser Arvind Subramanian’s recent paper claims that the Indian GDP growth may have been overestimated by 2.5 per cent per annum between the period 2011-12 and 2016-17. A note by Prime Minister’s Economic Advisory Council (PMEAC) rejects the methodology, arguments and conclusions of Subramanian’s paper. A study done at our institute by Ashima Goyal...
More »Consider landless beekeepers as farmers, suggests beekeeping development committee
-The Hindu Business Line Panel has recommended renaming the National Bee Board as the Honey and Pollinators Board under the Ministry of Agriculture and Farmers' Welfare. There is a need to recognise honeybees as inputs to agriculture and consider landless beekeepers as farmers, according to the Beekeeping Development Committee (BDC), which released its report on Wednesday. It has further suggested that training and development of beekeepers should be provided by state governments. In...
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