The year-on-year (y-o-y) growth rate in Agri Gross Value Added (GVA) deflator (an alternative measure of inflation) shows a rising trend between 2005-06 and 2009-10. In other words, price rise pertaining to the agrarian sector accelerated during the period under discussion. This particular trend has been observed irrespective of whether one uses the GVA/GDP back-series data (Base 2011-12=100) that was computed by the National Institution for Transforming India Aayog (NITI Aayog)...
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A policy Drought
-The Hindu Business Line Distracted by elections, the country’s alarming water crisis has been overlooked As India’s water crisis gets visibly worse with every passing summer, it is clear that the bureaucracy and policymakers are not working to find immediate and long-term solutions. This time, the apathy seems to have worsened due to the ongoing elections. In Maharashtra and Kerala, for instance, the administrations have taken refuge in the ‘model code of...
More »Against the odds, Centre forging ahead with ambitious river-interlinking project -Radheshyam Jadhav
-The Hindu Business Line Pune: Will the interlinking of rivers mitigate Drought and the effects of floods? Yes, says the Centre. Notwithstanding the debates on the merits and demerits of the plan, the Ministry of Water Resources wants to take forward the interlinking of rivers. “Interlinking of rivers can play a major role in water management in the country,” the Ministry of Water Resources, River Development and Ganga Rejuvenation told the Rajya...
More »Elections 2019: Tears of Onion Farmers to Affect BJP Bastion in North Maharashtra -Amey Tirodkar
-Newsclick.in Northern Maharashtra, which produces almost 60% of India’s total onion crop, has seen a steady fall in onion rates creating a crisis for the farmers in the Drought affected state. Two months back, NewsClick reported the suicide of a 22-year-old boy whose onion crop had failed. This Akshay Tambe was from Bhoom tehsil of Marathwada, an area which is actually not known for onion cultivation. But the heart wrenching stories of...
More »No Bank of Maharashtra loans for Drought-hit farmers -Manojit Saha
-The Hindu Lender cites high bad loans for drastic move in two States; Marathwada, Vidarbha to be impacted Mumbai: In an unusual move, a state-run lender, Bank of Maharashtra, has decided not to extend loans in eight zones in Maharashtra and Madhya Pradesh that include Aurangabad, Latur, Akola, and Amravati, which are hit by Drought. The bank cited high bad loans from agricultural advances in the branches of these zones for the decision....
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