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PM Modi favours rural jobs guarantee scheme recast to help poorest -Saubhadra Chatterji

-Hindustan Times PM Modi had expressed concerns that the utilisation of the funds earmarked for the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) was skewed in favour of more affluent states instead of poorer states getting more money, two senior officials said, asking not to be named. After Prime Minister Narendra Modi flagged key discrepancies in the jobs guarantee scheme at a recent review meeting on the rural SECtor, the central...

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India’s agrarian SECtor needs a budget boost -Yamini Aiyar and Mekhala Krishnamurthy

-Hindustan Times Farm policymaking slowed down after the repeal of three laws in 2021. But the climate crisis, geopolitical instability and inflation have exacerbated the urgency for reforms In November 2021, Prime Minister (PM) Narendra Modi repealed three contentious farm laws in a dramatic turnaround. The entire episode — from the passage of the laws, the protests that followed and the turnaround — had stalled national agriculture policymaking. Yet, as this column...

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Number Theory: The state of the Indian economy in four charts -Roshan Kishore

-Hindustan Times What do the latest numbers, analyst forecasts, and high-frequency data tell us about the state of Indian economy? The National Statistical Office (NSO) released GDP numbers for the quarter ending September 2022 on November 30. GDP growth for the SECond quarter is 6.3%, which is exactly what the Monetary Policy Committee (MPC) of the RBI projected in its September resolution. What do the latest numbers, analyst forecasts, and high-frequency data...

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Explained: Why India’s economic growth slowed in the July-September quarter -Nachiket Deuskar

-Scroll.in The fading away of the base effect and a contraction in the manufacturing SECtor led to the falling numbers. India’s gross domestic product grew by 6.3% in the July-September quarter of financial year 2022-’23, the Union Ministry of Statistics and Programme Implementation said on Wednesday. This was a sharp decrease from the 13.5% growth in the previous April-June quarter. In the corresponding July-September quarter of financial year 2021-’22, the growth rate was...

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Heat stress crimping summer milk output: Study -Zia Haq

-Hindustan Times Increasing spells of summer heatwave in northwestern India, thought to be linked to climate change, are hurting milk productivity, or output per cattle, while raising costs of production for farmers. Increasing spells of summer heatwave in northwestern India, thought to be linked to climate change, are hurting milk productivity, or output per cattle, while raising costs of production for farmers, a study by the flagship National Dairy Research Institute has...

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