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GDP and its assumptions -Arun Kumar

-The Indian Express New GDP back series does what the government needs it to — shows that growth during its term has been higher than during the UPA regime. Controversy over the growth performance of the Indian economy took another turn with The Indian Express breaking the story about Niti Aayog not allowing the back series to be announced three years back because it showed a higher growth rate during the...

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Open season for farm loan waivers

-The Telegraph In the long term, the only real solution to rural distress is to shift labour to more productive segments of the economy It has turned into an open season for farm loan waivers. Less than a week after assuming office, Congress governments in Rajasthan, Madhya Pradesh and Chhattisgarh have announced the waiver of crop loans up to two lakh rupees per farmer. The Congress president, Rahul Gandhi, has thrown down...

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Maharashtra announces Rs.150-cr relief to onion growers

-The Hindu Business Line Govt announces Rs. 2/kg subsidy to farmers who were selling their produce at low prices Mumbai: In a relief to the distressed onion growers in Maharashtra, the Fadnavis government on Thursday decided to provide ?2 per kg subsidy on the bulbs sold from November 1 till December 15 in the State. About three lakh farmers stand to gain up to Rs.40,000 from this decision by the State government. The money,...

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'Ujjwala connections get three refills annually on an average' -Twesh Mishra

-The Hindu Business Line Oil companies gear up to meet LPG demand after Ujjwala expansion New Delhi: The annual average demand for LPG cylinder refills is now three under the Pradhan Mantri Ujjwala Yojana (PMUY) according to IndianOil Chairman, Sanjiv Singh. “The average number of LPG refills in every household across the country was close to seven plus before the Ujjwala scheme was launched. This has now tapered to seven and the...

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Karnataka, Maharashtra among six States reeling under drought -Radheshyam Jadhav

-The Hindu Business Line Two crore hectares of land affected in these States, says Agriculture Ministry Pune: Maharashtra and Karnataka are facing a severe drought this year, according to data from the Union Ministry of Agriculture. Twenty-four out of 30 districts (80 per cent) in Karnataka and 26 out of 36 districts (72 per cent) in Maharashtra are reeling under water scarcity and crop failure. Andhra Pradesh, Jharkhand, Gujarat and Rajasthan have also...

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