-The Telegraph India’s economic recovery is uneven India’s ranking as one of the world’s fastest growing economies — a bright spot in a troubled and slowing world economy — routinely figures in the public discourse. It was upheld even as oil prices zoomed and inflation surged early this year. It did not waver when growth forecasts were lowered some six months ago. It wasn’t rattled when growth underperformed in the April-June quarter....
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PM expresses concern over high import bill of edible oils, fertilisers; calls for action in mission mode
-PTI/ The Tribune Says out of total imports, maximum is spent on edible oils, fertilisers and crude oil New Delhi: Prime Minister Narendra Modi on Monday expressed concern over India’s high import bill for edible oil, fertilisers and crude oil, and said there is a need to work in a mission mode to make the country self-reliant and reduce import dependence. With international energy prices soaring after the Russia-Ukraine War, India will spend...
More »Do not ignore the role of the woman livestock farmer -Madhura Swaminathan and Vijayamba R.
-The Hindu Further, women need to be included in all facets of livestock development — breeding, veterinary care, extension services, training or access to credit and markets The livestock sector is one of the most rapidly growing components of the rural economy of India, accounting for 5% of national income and 28% of agricultural GDP in 2018-19. In the last six years, the livestock sector grew at 7.9% (at constant prices) while...
More »Various estimates point towards one conclusion – the number of poor Indians swelled in 2020
The newly released World Bank report has estimated that the number of extremely poor people globally went up by nearly 71 million in the year 2020 as compared to 2019 — a 11 percent increase. Between 2019 and 2020, the number of poor swelled by around 56 million in India. It means that about 79 percent of the total people globally who slipped into poverty during the first year of...
More »Why volatile food prices will keep the heat on India’s consumer inflation level this year -Radhika Pandey
-ThePrint.in Lower rainfall in some parts of the country is expected to keep food prices elevated in the coming months. Which means inflation will be above 6%. India’s retail inflation surged to 7 per cent in August from a five-month low of 6.7 per cent in July. Food, which accounts for nearly half of the Consumer Price Index (CPI) basket, grew 7.62 percent as against 6.69 per cent in July. While the...
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