-Livemint.com The agriculture sector is expected to grow higher than projected 2.1% growth rate in 2017-18 due to likely better output of Kharif and Rabi crop s, the ministry said New Delhi: Days after the Central Statistics Office (CSO) estimated India’s farm growth rate at a poor 2.1% in 2017-18, the agriculture ministry on Sunday said it expects the farm sector to grow at a much higheR Rate, based on better-than-expected production...
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India's jobless growth is not a myth -Mahesh Vyas
-Livemint.com If we do not recognize the problem on hand, we will not have any reason to try and find solutions India’s jobless growth is a myth, stated R. Gopalan and M.C. Singhi in an opinion piece in Mint on 19 December. They used data published by the Labour Bureau from their employment-unemployment surveys between 2009-10 and 2015-16. These were the first and last surveys conducted by the Labour Bureau on the...
More »Bullish Agri Ministry expects higher GVA growth in 2017-18
-The Hindu Business Line ‘CSO’s advance estimate factored in crop coverage data only till August 2017’ New Delhi: The Agriculture Ministry is hopeful of the overall agriculture sector posting a “much higher” gross value added (GVA) growth for 2017-18 than the 2.1 per cent growth estimate put out by the CSO’s advance estimates on Friday. The optimism of achieving a higher than estimated growth rate of 2.1 per cent stems from the fact...
More »By mostly jailing Dalits, Muslims & tribals, India is making the same mistakes as the US -Devesh Kapur
-ThePrint.in While the US exemplifies the effect of discriminatory enforcement in an unequal society, a weak state and low conviction rates in India are complicit in the failure to stem the violence against marginalised groups. It is virtually an axiom in development circles to say that the rule of law is necessary for a country’s economic development and advancing accountability and justice. Proponents of the former emphasise the importance of rule of...
More »Some red flags in the economy numbers: Agriculture is the most alarming -RN Bhaskar
-MoneyControl.com When agriculture’s GVA growth climbed from -0.2% in 2014-15, to 0.7% in 2015-16, everyone expected agriculture to continue doing well. This was confirmed by this growth rate further rising to 4.9% in 2016-17. But what happened now? So it is finally official. The fears that most people had kept suppressed – about India witnessing an economic slowdown – have been realised. The Central Statistical Office (CSO) came out last week with...
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