In a recent blog post, Columbia University professor Arvind Panagariya mentions that the critics of the present Prime Minister of India failed to underscore ‘employment rate’ -- flip side of unemployment rate -- that stood at nearly 94 percent according to the report on Periodic Labour Force Survey 2017-18. A recent article by Dr. Vikas Rawal and Prachi Bansal, however, points out that in order to understand the problem of joblessness...
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GDP numbers: EAC-PM rejects ex-CEA's claims, releases point-to-point rebuttal
-The Times of India NEW DELHI: The Economic Advisory Council to the Prime Minister (EAC-PM) on Wednesday rejected the claims of former CEA Arvind Subramanian regarding over-estimation of GDP numbers and said that India's current methodology is at par with its global standing as a responsible, transparent and well-managed economy. The EAC-PM released a detailed note titled 'GDP estimation in India - Perspectives and Facts' and as it earlier stated, the note...
More »NITI Aayog sets up task force to brainstorm on agriculture reforms -Gireesh Chandra Prasad
-Livemint.com * The task force will include state chief ministers and central ministers. The timeframe for making recommendations will be announced shortly * The task force will examine ways of improving productivity in farming and the changes needed in legislation New Delhi: Federal policy think tank NITI Aayog, chaired by Prime Minister Narendra Modi, on Saturday decided to set up a task force of state chief ministers and central ministers to prepare a...
More »On CMs' table today: Plan to revamp permit-raj food laws -Ravish Tiwari
-The Indina Express The proposal holds significance given that the EC Act arms the government with powers to impose stock limits and movement restrictions on agricultural commodities. New Delhi: Arguing that the Essential Commodities Act, 1955, was framed during the era of food scarcity, the NITI Aayog has proposed that the Act be scrapped because it is an “impediment in the free movement of commodities” given that the country is now...
More »Tap drip irrigation to save water -A Narayanamoorthy
-The Hindu Business Line This method is more productive and cost effective in agriculture, which accounts for 80% of the water consumed Water scarcity has now reached a new level in India. While severe drinking water scarcity is noticed commonly everywhere, farmers are facing a lot of difficulties in cultivating crops with reduced water availability in different regions. What is worrying is that water scarcity is expected to aggravate further in the...
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