In the financial year 2017-18 when tractor sales touched new heights, it was said by many of the NDA (viz. National Democratic Alliance) government supporters that rural demand has revived on account of adequate monsoon rainfall and higher minimum support prices for crops. Many economists and newspaper columnists also denied the existence of any rural distress. An alternative perspective, however, was also presented by rural economists like Dr. Himanshu who teaches...
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Govt to boost onion supply from buffer stock, asks police to take action against hoarders
-PTI The retail price of onion in Delhi ranges between Rs 30 and 40 per kg. The government on Friday said it will sell onion, pulses and edible oil in the open market from its buffer stocks and take immediate action against hoarders creating artificial shortages. The retail price of onion in Delhi ranges between Rs 30 and 40 per kg. The wholesale price in the benchmark Lasalgaon mandi in Maharashtra was recorded...
More »Improvement in water management index not enough, says report -Ditsa Bhattacharya
-Newsclick.in The CWMI report, released by NITI Aayog, also pointed out that the larger economic contributors across the country have low water management scores, and this can hamper India’s economic progress. According to the Composite Water Management Index (CWMI) 2019 released by the Niti Aayog on Friday, August 23, even though the states across the country are making progress in water management, the overall performance still remains well below what is required...
More »In economic slowdown, a back story about falling investor confidence -Harish Damodaran
-The Indian Express Fixing the economy today cannot happen through consumption; revival in investment is what's desperately needed. New Delhi: Investment, unlike consumption, satisfies no immediate want. The businessman putting his money today is basically taking a bet on the future, when it would start yielding returns. Such bets are a function of the “state of confidence” at the time of investment. The investor has to be reasonably, if not absolutely,...
More »Agri families borrow more, eat less to cope with kin's suicide: study -Sayantan Bera
-Livemint.com * Average income of farm suicide families was just Rs.3,523 per month in 2016-17, below Rs.4,561 estimated by NSSO: study * The study found that 92% of farm suicide families were not enrolled under the centre’s flagship crop insurance scheme NEW Delhi: Agricultural households are trying to cope with the suicide of an earning member of the family by borrowing more, skimping on food and even taking recourse to bonded labour, a...
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