-The Indian Express The Niti Aayog's report, submitted before the United Nations, acknowledges that anti-poverty programmes like the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) helped weaker sections of the society. Vindicating the UPA government’s stand on pulling people out of poverty, India’s Voluntary National Review Report on the implementation of Sustainable Development Goals to the United Nations has said that sustained Growth of 8.3 per cent from 2004-05 to 2011-12,...
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Is WPI useful in India anymore? -Barendra Kumar Bhoi
-The Hindu Business Line Using just wholesale price index as deflator could distort real GDP. Price indices for all inputs and outputs would work better Prior to the introduction of the all-India Consumer Price Index, popularly known as CPI combined (rural plus urban), the Wholesale Price Index (WPI) was the most useful price index in India. It measured the weekly rhythm of price movement in the country. Since 2009, WPI has been computed...
More »Why didn't Madhya Pradesh farmers gain from farm Growth? -Abhiram Ghadyalpatil
-Livemint.com Madhya Pradesh farmers are unhappy that outsiders are misled by claims made by chief minister Shivraj Singh Chouhan Indore, Harda, Mandsaur (MP): Ghanshyam Singh Pipawat, 45, a farmer from the Ujjain district of Madhya Pradesh, has a question for Prime Minister Narendra Modi. “When Modi declared notebandi, he said this would be the last time people will have to stand in line. Then why am I standing in a 2-km-long line to...
More »India's population to surpass China's by 2030: UN report -Ishan Bakshi
-Business Standard Between 2017 and 2050, half of the world's population Growth will be concentrated in nine countries Roughly seven years from now, India’s population is expected to surpass that of China, reaching 1.5 billion by 2030, according to the revised population estimates of the United Nations. China’s population currently at 1.41 billion compared to 1.34 billion of India. By 2024, both are expected to have roughly 1.44 billion people each. India’s...
More »For farmers today, grass is 'greener' than rice and pulses -Subodh Varma
-The Times of India Growing grass and selling it in the market may be more profitable than cultivating crops like wheat, rice, pulses or oilseeds. This bizarre conclusion, a reflection of the desperate conditions of Indian farmers, can be reached if one looks at how the value of various crops has changed over the last five years. Between 2011-12 and 2015-16, the total value of cereals and pulses produced in the country went...
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