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Agri Distress Deepens as Crop Prices Crash -Subodh Varma

-Newsclick.in Over the past three years, prices of farm produce have gone down, pushing farmers into deeper crisis but the govt. has no solution. It is perhaps a symbol of our times, and this govt.’s alienation from the people, that it is totally unconcerned about crashing farm produce prices even though the Prime Minister and his colleagues go on harping on their commitment to double farmers’ incomes. Here is what has happened...

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An unexceptional economic performance -Pulapre Balakrishnan

-The Hindu It is now clear that the Indian economy is moving along a lower growth path At the end of May the Central Statistics Office (CSO) released much-awaited estimates of national income for the final quarter of the 2017-18 financial year. The timing coincided with the completion of four years in office of the National Democratic Alliance (NDA) government. In a propaganda blitz, surging through the Net, the government embraced the...

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Why are farmers angry -Harish Damodaran

-The Indian Express Behind the agitation, stagnant income and deteriorating terms of trade for agriculture New Delhi: Why are Indian farmers an angry lot today — stopping the supply of vegetables to cities and even spilling milk on roads? An answer to this can be found in the estimates of gross domestic product/ national income growth from the Central Statistics Office. The accompanying table shows two sets of growth figures. The first is...

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Mining and agriculture lag behind other sectors in terms of GVA growth in Jan-Mar '18

The country’s agrarian sector in the last financial year expanded at almost half the rate at which it grew in 2016-17, shows the recently released provisional estimates by the Central Statistics Office (CSO). As compared to a growth rate of 6.3 percent witnessed in 2016-17, the growth rate in real Gross Value Added (GVA) by the agrarian sector (i.e., increase in agricultural GVA after neutralizing the effect of price inflation)...

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At current rates, Bangladesh could top India's per capita income by 2020 -Krishna Kant

-Business Standard Also, over the past 3 years, GDP in dollar terms has grown 12.9%, more than twice our rate Mumbai: After trailing its big neighbour for four decades, Bangladesh has gone ahead of India in economic growth and on social development indicators. In the three years ending 2016, Bangladesh’s gross domestic product (at current prices) in dollar terms grew at a compounded annual rate (CAGR) of 12.9 per cent, more than twice...

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