-IANS Shimla: Himachal Pradesh, whose economy largely banks on agriculture and horticulture, aims to develop bio villages by promoting organic farming. The state is also eyeing investment in cold chains. An additional 2,000 hectares will be brought under organic farming and there are plans to develop 200 bio-villages in the next fiscal, a government spokesperson told IANS. He said farmers in the bio-villages would use only bio-fertilizers and bio-pesticides and discourage...

-The Hindu Indiscriminate digging of farm ponds has accelerated groundwater extraction The Maharashtra government’s flagship Jalyukt Shivar Yojana has been touted as a drought-proofing scheme, but a field study conducted by South Asia Network on Dams, Rivers and People (SANDRP) gives a different picture. The organisation carried out the study at Hiwargaon-Pawasa, a backwater village with a population of 1,500, in Ahmadnagar district’s Sangamner Taluk. The research presents a microcosmic example of how...

-The Hindu The CSO has been consistent with its methods, allowing little room for suspicion of window dressing. Did demonetisation deal a knock-out punch to the Indian economy? Or was it just a mild tap from which it is already recovering? This debate should have been settled with the latest second advance estimates from the Central Statistics Office (CSO) which peg FY17 GDP growth at 7.1%. But commentators who believe that the economy...

-The Indian Express GDP estimates are advance figures, but by the time they are revised only staid economists will be interested in them Unless we simply dreamt it, demonetisation delivered a massive shock to the economy in early November, which continued well into December because of slow pace remonetisation. The ensuing liquidity crunch affected most informal economic activity and some formal business, and economists generally agreed that declines in demand and disruption...

-The Indian Express As per the methodology, since no direct data of expenditure is used, most of the GDP data is calculated based on output data The answer to the puzzling rise in Private Final Consumption Expenditure (PFCE) in the second advance estimate of GDP for 2016-17 despite the evident cash squeeze due to demonetisation may very well lie in the methodology used for calculating the new series of GDP. As per...