Just a few days ahead of the Kisan Mukti March in Delhi NCR, the provisional results of the Agriculture Census 2015-16 became available in the public domain. The report, among other things, highlights the long-term problems affecting Indian agriculture including fragmentation of land holdings (particularly the marginal and small ones) and shrinking average size of farm land. The provisional results of the latest Agriculture Census reveal that at the national level...
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Question mark over CSO's independence -Dennis Rajkumar
-The Hindu Business Line The sharp cut in back-series growth rates for some years in methodologically unsound. It suggests political interference The recent release of the back series of national income has raised a series of controversial reactions. It is understandable for, the gross domestic product (GDP) numbers and the resulting growth estimates provide analytically useful, more powerful than commonly understood, perspectives encompassing not only economic but also social and political spheres. To...
More »Why small, marginal farmers get just 40% of total agri credit -Rajalakshmi Nirmal
-The Hindu Business Line Loan waivers have made banks wary of them; beneficiaries are farm infra/services firms Every year the Centre announces an increase in the agri credit limit, but not even half of this reaches small farmers. Small farmers typically take small loans — of less than Rs. 2 lakh. RBI Data show that in FY17, the share of loans of Rs. 2 lakh or less was just 40 per cent of...
More »Decoding the CSO's backcasting of national income Data -KR Srivats
-The Hindu Business Line ‘GDP growth rates for 2004-11 were bound to come down’ New Delhi: “You can slice and dice the Data anyway you want, but India’s GDP growth rates between 2004 and 2011 were bound to come down in the backcasting computation effort,” said TCA Anant, former Chief Statistician of India. When the new base year of 2011-12 came out, the Central Statistics Office (CSO) had documented and recognised that the...
More »'Many combination drugs not approved by regulator' -Afshan Yasmeen
-The Hindu Study raises safety, efficacy concerns; call for ban of irrational formulations Of the 110 anti-TB (tuberculosis) Fixed Dose Combinations (FDCs) available in India, only 32 (less than 30%) have been approved by the Central Drugs Standard Control Organisation (CDSCO), the country’s drug regulator. In the case of malaria FDCs, only eight out of 20 (40%), have been approved. These statistics, that give rise to safety and efficacy concerns, have been brought...
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