The phenomenal growth in foodgrain production witnessed in the 2016-17 crop year will not repeat this year. Early prediction by the Ministry of Agriculture and Farmers Welfare shows that the kharif foodgrain production in 2017-18 may likely to fall by 2.8 percent as compared that in the previous year. The kharif foodgrain production is expected to decline from 138.5 million tonnes in 2016-17 to 134.7 million tonnes in 2017-18. Readers...
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World Bank reduces India GDP growth forecast to 7% for 2017-18 -Asit Ranjan Mishra
-Livemint.com World Bank has reduced its India GDP growth forecast to 7% for 2017-18 from 7.2%, blaming disruptions caused by demonetisation and GST New Delhi: After remaining the world’s fastest-growing region for eight consecutive quarters, South Asia has slipped to the third position behind East Asia and the Pacific regions, as India’s economy slowed to its lowest level in 13 quarters, the World Bank said on Monday. This is at a time when...
More »UP: Some comic no relief -Abheek Barman
-The Economic Times blog In 2016-17, the average Indian earned Rs 1.12 lakh a year, about Rs 9,300 every month. That year, the average person in Kerala made Rs 1.98 lakh a year, a monthly income of Rs 16,500. Uttar Pradesh is home to 200 million people, the combined population of Italy, South Korea and Spain. Each average person in UP earns Rs 72,300 every year, around Rs 6,000 per month. The...
More »Monsoon signs off with one-third of districts under rain deficit -Amit Bhattacharya
-The Times of India NEW DELHI: India received below-normal monsoon this year, with the season ending on a 5.2% deficit on Saturday. While 50% of the country's districts have had normal rains, more than a third — 215 districts — are left with deficient rainfall, which could impact the kharif crop to an extent. A 'below-normal monsoon', according to the India Meteorological Department (IMD), is when countrywide rains in the season are...
More »3 cops to protect each VIP but just 1 for every 663 common man -Neeraj Chauhan
-The Times of India NEW DELHI: Despite promises by politicians year after year, VIP culture continues to thrive in India. The latest data reveals that some 20,000 VIPs have on average three cops to protect each of them while there is a huge shortage of policemen for ordinary citizens. Data compiled by the Bureau of Police Research and Development (BPR&D) under the home ministry shows that out of a total 19.26 lakh...
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