-The Hindu An immediate stimulus is needed to regain the momentum to get India back to 8% growth The government’s move this past week to publish economic data for the April to June quarter of this year needs a look. The real growth of GDP, i.e. after removing the impact of inflation, was only 5.7%, much lower than expected. For the past six consecutive quarters, the growth rate has gone down steadily,...
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Downturn in India's growth 'very worrying': Kaushik Basu
-PTI Washington: Basu said from 2003 to 2011, India was growing typically over 8 per cent per annum. The year of global crisis, 2008, it dropped briefly to 6.8 per cent, but over 8 per cent growth had become the new norm for India. The downturn in India’s growth is “very worrying”, World Bank’s former chief economist Kaushik Basu said, underscoring that this is the “hefty price” the country had to pay...
More »Thanks to good rains, cotton output seen rising 4% to 34.5 m bales
-The Hindu Business Line Mumbai: Cotton output is expected to increase 4 per cent to 34.5 million bales (of 170 kg each) in the cotton year ending September on the back of sharp rise in yield. However, the acreage under cotton has dropped 11 per cent to 10.84 million hectares (12.29 million hectares). The yield per hectare is expected to increase to 541 kg from 459 kg, according to the second advanced...
More »Weak govt finger on the pulse: Dal pinches for farmers -Harish Damodaran
-The Indian Express The woes of pulses farmers and traders like Kagi can be put down to all-time-high imports of 6.6 mt (valued at Rs 28,524.05 crore) on top of a record domestic production of 22.4 mt in 2016-17 — made worse by the weak, behind-the-curve policy response whether to do with trade or stockholding restrictions. Agriculture in India has always suffered from lethargic and uncoordinated policy response. And there can be...
More »APEDA to focus on fruits, vegetables -TV Jayan
-The Hindu Business Line Basmati, bovine exports have already plateaued New Delhi: With export earnings from basmati and bovine meat — the flagship agricultural and processed export sectors — hitting a plateau, the Agricultural and Processed Food Products Export Development Authority (APEDA) is exploring newer avenues, Chairman Devendra Kumar Singh said on Wednesday. According to data available with APEDA, export earnings from agricultural and processed food products have drastically dropped from $21.5 billion...
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