-The Hindu How Tiruppur, India’s knitwear hub, is now weaving a green cover for the entire district We moved this tree 15 km on a truck along the stretch between Avinashi and Avinashipalayam.” V. Mahendran points to a hulking tree trunk. “The operation took us nine hours. Even with its branches and most of its canopy chopped off, it weighed more than 40 tonnes.” We are at the Tiruppur Collectorate, and Mahendran,...
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New WPI series suggests higher core inflation rate in past 6 months: CRISIL
-Business Standard WPI inflation for April is at 3.9%, which is 144 (bps) lower than the March inflation rate The Ministry of Commerce and Industry unveiled the revised wholesale price index (WPI) on May 12, 2017 as per the 2011-12 base year. As per this release, WPI inflation for April is at 3.9%, which is 144 basis points (bps) lower than the March inflation rate. The decline is mainly due to a...
More »Are farmers collateral damage of modern economic growth? -Sanjiv Phansalkar
-VillageSquare.in People living in villages, who are migrating in large numbers to urban spaces in search of livelihoods, could be victims of our economic development or perhaps the dismal income growth of farm households is semi-deliberate to keep labor costs low Till about 1990 since Independence, our country followed what may be broadly termed an import-substitution strategy for economic growth. This meant high import duties and rigid non-tariff barriers on imports and...
More »Core sector growth slips to over 1-yr low of 1% in Feb
-PTI Crude oil and natural gas contract; the previous low of 0.9% was recorded in December 2015 New Delhi: The growth of eight core sectors slipped to over one-year low of 1% in February mainly due to decline in output of crude oil, natural gas, refinery products, fertilisers and cement. The growth rate of eight infrastructure sectors of coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity was 9.4% in...
More »GDP conundrum -V Sridhar
-Frontline.in Recently released data from the CSO, which claimed that demonetisation had had no significant impact on the performance of the economy, raise more questions than provide answers. Official data released by the Central Statistical Organisation (CSO) on the last day of February, which claimed that the national gross domestic product (GDP) rose by 7 per cent in the October-December period, the third quarter of 2016-17, came as a morale booster...
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