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World Bank cuts India’s GDP forecast to 6.5%, but there's some positive news too -Harshit Sabarwal

-Hindustan Times In its South Asia Economic Focus report released on Thursday, the World Bank said, “The spillovers from the Russia-Ukraine war and global monetary policy tightening will continue to weigh on India’s economic outlook.” The World Bank on Thursday downgraded India's GDP or gross domestic product to 6.5% for the fiscal year 2022-23 from an earlier estimate of 7.5%. In the previous year, the Indian economy grew by 8.7%. In its South...

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Crop insurance is not the perfect medication for farmers, says economist -Nagesh Prabhu

-The Hindu A book brought out by NABARD, authored by R.S. Deshpande, says Pradhan Mantri Fasal Bima Yojana carries the baggage of the earlier failed crop insurance schemes A book on the theme “Rainfed Agriculture and Droughts in India” (2022) brought out by the National Bank for Agriculture and Rural Development (NABARD) argues that crop insurance is not a “perfect medication” any more for farmers hit by natural calamities such as floods...

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Indian Fact-Checker Duo Among Choices For Nobel Peace: TIME Report - Samiran Mishra

-NDTV.com According to Time, the co-founders of fact-check site AltNews, Mohammed Zubair and Pratik Sinha, are among those who could be considered to win the Nobel Prize. New Delhi: Fact-checkers Mohammed Zubair and Pratik Sinha have been listed among popular choices to win the 2022 Nobel Peace Prize by Time magazine. According to Time, the co-founders of fact-check site AltNews, Mr Sinha and Mr Zubair, are among those who could be considered to...

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Greener pastures: How Indian pastoralists are being aided to return to their traditional livelihood -Shagun

-Down to Earth Change is taking place in the way the Centre and state governments look at pastoralism; the belief that livestock management is done better in stable conditions is changing The opening up of India’s FIRst camel dairy at Nakhatrana taluka in Gujarat’s Kutch district in 2018 helped Mura Mangal resume pastoralism. “In 2006, we had some goats, but it was getting difficult to earn enough money. So I took up a...

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Mahindra tractor sales hit a high of 47,100 units in September

-The Hindu Exports were up 26 per cent at 1,613 units Mahindra and Mahindra Ltd’s Farm Equipment Sector (FES), a part of the Mahindra group, said tractor sales hit a high of 47,100 units in September 2022, as against 39.053 units in September 2021. This represented a 21 per cent year-on-year growth. “This is our highest ever sales in a month. With the Kharif crop harvest starting soon and crop prices holding FIRm,...

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