-The Hindu Business Line The drastic change in the monsoon pattern in recent years calls for a holistic — and quick — policy response FIRst, credit where credit is due. India’s planning and administrative machinery grinds exceedingly slowly, but eventually, it does get there, provided there is a big enough spur, and the political will to see changes through. Nothing illustrates this better than the fallout of two super cyclones of near...
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Agriculture share in India's 'Gross Value Added' fell to 17.9% in FY17 from 18.6% in FY14 -Kirtika Suneja
-The Economic Times The crops sub-sector accounted for nearly 62% of the agriculture and allied sector in 2011-12, which has gradually come down to about 58% in 2016-17. NEW DELHI: The share of agriculture, forestry and fishing declined to 17.9% in India’s gross value added (GVA) in 2016-17 from 18.6% in 2013-14, the ministry of statistics and programme implementation (MoSPI) said in a report. “The share of this sector in overall GVA...
More »Noted Gandhian economist Dr Sudarshan Iyengar interviewed by Rutam Vora (The Hindu Business Line)
-The Hindu Business Line Noted Gandhian economist Dr Sudarshan Iyengar surveys the distressed agricultural landscape, pinpoints its weaknesses, and prescribes solutions with their roots in Gandhian agronomics. Edited excerpts from an interview to BusinessLine: * Given the agrarian crisis in India today, how relevant are Gandhi's economic principles based on the village economy, and equitable distribution of resources? They are relevant in the context of Gandhi's view of gram swaraj (village self-rule), which...
More »New numbers show dip in growth of core infrastructure sectors
-The Indian Express The August numbers mark the FIRst contraction in core infrastructure output since April 2019, pointing to the continuing weakness in demand conditions. New Delhi: The growth of eight infrastructure sectors contracted 0.5 per cent in August following broad-based deterioration in output across as many as five sectors, including cement and electricity. But for a turnaround in refinery products — the largest constituent of the core sector — and...
More »Govt may seek Rs 30,000 crore interim dividend from Reserve Bank of India
-PTI Government finances have come under pressure due to moderation in revenue collection and a slew of measures taken to lift growth from a six-year low of 5 per cent in the FIRst quarter of the current fiscal. The government may seek an interim dividend of about Rs 30,000 crore from the RBI towards the end of the financial year to meet its fiscal deficit target of 3.3 per cent of...
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