-The Indian Express Same data, opposite conclusions, Dr Subramanian? “I am puzzled by the new GDP Growth numbers. This is mystifying because these numbers, especially the acceleration, are at odds with other features of the macro economy. Import of goods declined. typically Growth booms are accompanied by surges in imports not declines… similarly, real gross capital formation declined”. This was the chief economic advisor (CEA) Arvind Subramanian in an interview to the...

-Livemint.com While higher crop acreage should ensure positive Growth, much depends on how September rains pan out and the kind of platform it lays out for the next crop season Caution is finally setting in for agriculture inputs stocks. As the weather office released two rain deficit reports (on a cumulative basis), shares of Rallis India Ltd, Dhanuka Agritech Ltd and Gujarat State Fertilizers & Chemicals Ltd lost a bit of...

-The Hindu The pursuit of full employment of labour cannot primarily rely on domestic private investment, much less FDI. Only public investment will steady us in the long run. We are increasingly told that the inflow of capital — particularly the foreign direct investment (FDI) variety — increases employment levels and contributes to economic Growth. In a rare interview given to The Wall Street Journal in May, Prime Minister Narendra Modi reinforced...

-Livemint.com Small farmers reaped a bumper crop defying a drought and despite price shocks and pest-related risks New Delhi: Small farmers across India reaped a bumper crop of fruits and vegetables in 2015-16 defying a widespread drought. India’s horticulture output crossed a record 283 million tonnes, shows the third advance estimate released by the agriculture ministry on Monday. However, the story is not just about a record harvest during a drought year—primarily due...

-Livemint.com Except people in high-income countries, most of the world cannot afford the fruits and vegetables they need, according to research in ‘Lancet’ New Delhi: Three in four Indians are yet to taste the fruits of economic Growth—or indeed, its veggies. Recent research published in the British medical journal Lancet calculates fruit and vegetable intake among people of different countries, on the basis of gross national income per person. The research finds that the...