-The Indian Express The issue of corruption remained at the top, with 32.19 per cent favouring the agenda, followed by unemployment and inflation respectively. A survey by the Institute for Development and Communication found that corruption was the most talked about issue during Lok Sabha polls in 2014. ?People were asked about the issues which they think should be addressed by their elected representative. The issue of corruption remained at the top,...
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Deflation in WPI of 8 kharif crops observed during 2016-17 to 2018-19, while their MSPs grew at a positive rate
It is being said by economists that unlike the issue of low food production that gripped Indian agriculture for long in the past, the present problem is about farmers not getting remunerative prices against the crops that they are growing. According to farmer leaders, the policymakers are too late to realise that bitter truth. As a result, there is a growing disenchantment in the rural hinterland against the ruling government...
More »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)...
More »Rural wage blow looms -Basant Kumar Mohanty
-The Telegraph New Delhi: The national rural job scheme is set to witness the lowest wage revision since the project was launched. The Union finance ministry is learnt to have rejected a proposal to change the formula for revising the wage rate for 2018-19 under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) for 2018-19. The rates in 10 states, including Bihar, Jharkhand, Uttar Pradesh and Uttarakhand, are expected to remain unchanged,...
More »A statistical boost to growth in Indian economy -Manas Chakravarty
-Livemint.com While CSO’s GDP growth estimates will be a disappointment, it will very likely be explained away soon as the market tries to find new and innovative reasons to extend the rally For a few quarters, take all year-on-year (y-o-y) growth figures about the Indian economy with a pinch of salt. That’s because they will now be boosted due to the favourable effect of a low base. Since demonetisation and the introduction...
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