-Business Standard R Nagaraj, professor at the Indira Gandhi Institute of Development Research (IGIDR), had disputed the Central Statistics Office (CSO) methodology on non-financial private corporate sector, which is a segment in the new GDP data. His criticism was mainly on the ground that CSO altered the methodology in 2015 from what was agreed on by a sub-committee, in which Nagaraj was a non-official member, in 2014. CSO gave a rejoinder...

A recent press release from the Ministry of Agriculture shows that the area affected by recent rains and hailstorms is estimated to be 189.81 lakh hectares (on 24 April 2015), which is nearly double the total area affected that was earlier estimated on 16 April 2015. (See the link below). Experts argue that such extreme weather events may severely damage food economy of the nation, apart from breaking the spirit...

-The Hindu Business Line Arrivals more than double at key markets as farmers resort to sell-off Ahmedabad: Potato farmers in Gujarat are a worried lot. With harvest being bumper and unseasonal rains affecting the quality, potato prices have come down to one-third of what it was last year. The first estimate, as on February 2015, puts the country’s potato output at around 421 lakh tonnes (lt) – about 6 lt higher than last...

-Economic and Political Weekly The states now have an opportunity to set their own priorities in the social sector. In the constitutional scheme of things, it is the states rather than the centre which bear the larger responsibility for social sector spending. Indeed, the states already account for as much as 80% of total outlays in the area. But central government intervention in the form of establishment of and funding for certain...

-Maintream Weekly In order to reduce and remove the many-sided disadvantages and problems faced by Dalits and adivasis, sub-plans for the Scheduled Castes and Scheduled Tribes have been introduced to ensure adequate and justice-based availability of funds for these communities. Summarising the basic idea and rationale for this, the Planning Commission says: “the persistence of socio-economic backwardness of the SCs and STs in spite of the development efforts had warranted a special...