-The Hindu The government must target labour market rigidities to maximise gainful employment in the textile sector. India’s textile and apparel industry is all set for an overhaul as the new National Textile Policy will soon be placed before the Cabinet for approval. The government has already accepted a Rs.60 billion special package for this sector with an aim to create 10 million new jobs in the next three years, attract investments...
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Fact Check: Understanding the data on flowing milk, booming agricultural output -Harish Damodaran
-The Indian Express Agriculture Ministry’s harvest estimates don’t square with drought conditions in several cases, raise serious questions of credibility. We have had two consecutive drought years, yet India’s milk production, according to the Agriculture Ministry, has risen from 137.69 million tonnes (mt) in 2013-14 to 146.31 mt in 2014-15 and 160.35 mt in 2015-16. Never before has the country’s milk output grown at these rates — that too, in the face...
More »Feeling the pulses pinch -Ramesh Chand & Shambhavi Sharan
-The Hindu As cereal consumption comes down despite higher output, India needs to ramp up production of pulses to meet the nutritional requirements of the population. Since the onset of the Green Revolution in the late 1960s, India has been treading on a path towards self-sufficiency in food. The achievements have remained highly skewed towards wheat and rice on account of technological as well as policy support towards these two crops. With...
More »From Plate to Plough: Twenty-five years of tinkering -Ashok Gulati
-The Indian Express Agriculture needs a champion in the Union cabinet. July, this year, marks the silver jubilee of economic reforms. It is time to take stock of our major successes and failures. There is a saying that bad times are often good for policies and good times are bad for policies. It is well-known that the foreign exchange crisis, with reserves falling to as low as $1.5 billion, triggered fundamental changes...
More »Rural demand: How much can the monsoon help? -Renu Kohli
-Livemint.com In the last decade, the rural constituent has emerged an important factor for overall private final consumption, which forms more than half (55-60% range) of India’s demand side GDP An above-average monsoon is commonly expected to be a key demand driver in 2016-17. Gross domestic product (GDP) forecasts for the year incorporate a revival in rural consumption—a segment that suffered severe setback from two successive years of adverse rainfall. In...
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