-Business Standard GVA growth at 2-year low of 5.6%; Farming only bright spot India’s economic growth fell to 6.1 per cent in the fourth quarter (Q4) of 2016-17 (FY17), primarily because of demonetisation adversely affecting economic activity. This was at least a four-quarter low. The sectors worst affected were construction and financial services. Without indirect taxes, growth figures would be more dismal. Gross value added (GVA), the difference between gross domestic product...
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India's pulse dilemma -Uttam Gupta
-The Pioneer While the Government has done its bit to boost the output of pulses, it has done little to check the nexus between politicians and grain traders For several decades, production of pulses in India has fallen substantially short in terms of consumption. This persistent deficit has led to intermittent bouts of spike in prices as imports (needed to plug it) have often come after lag and have failed to reach...
More »Arhar roots traced to MP
-The Telegraph New Delhi: Five years after sequencing the pigeonpea genome, Indian scientists have identified Madhya Pradesh as the centre of origin of this nationwide staple legume and discovered genes they say will allow the expansion of pigeonpea cultivation. Scientists at the International Crops Research Institute for Semi-Arid Tropics (ICRISAT) near Hyderabad and their collaborators in Australia, China and the US yesterday announced the results of a new study that has traced...
More »Deepak Pental, innovator of the transgenic mustard variety, interviewed by Sayantan Bera (Livemint.com)
-Livemint.com All our solutions in agriculture, besides management issues, are going to come from science and technology, says Deepak Pental, innovator of GM mustard Last week, the environment ministry’s regulator, the Genetic Engineering Appraisal Committee (GEAC), cleared the commercial release of genetically modified (GM) mustard, leaving it to the government to take a final call. If approved, it will be India’s first food crop developed using transgenic technology, 15 years after Bt...
More »New WPI series suggests higher core inflation rate in past 6 months: CRISIL
-Business Standard WPI inflation for April is at 3.9%, which is 144 (bps) lower than the March inflation rate The Ministry of Commerce and Industry unveiled the revised wholesale price index (WPI) on May 12, 2017 as per the 2011-12 base year. As per this release, WPI inflation for April is at 3.9%, which is 144 basis points (bps) lower than the March inflation rate. The decline is mainly due to a...
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