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More than Make in India, Jaitley Needs to Focus on Farm in India -Devinder Sharma

-TheWire.in We are in a moment when the global economy shows no signs of revival; Russia and Japan are faced with recession, and emerging economies like Brazil and South Africa are in dire straits. There is no silver lining visible as far as domestic industrial growth is concerned. At such a time, all eyes are on Union finance minister Arun Jaitley to see how he plans to sustain economic growth that...

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Union Budget set to boost farm sector -Sayantan Bera and Gyan Verma

-Livemint.com Spending on irrigation, crop insurance to be doubled; e-platform to be developed for farm produce New Delhi: The government is set to double annual spending on irrigation and crop insurance, and develop a national digital platform for farm produce in order to ensure better prices for farmers, as part of a push to reduce rural distress following the first back-to-back drought in India in three decades. “We’re expecting that the new...

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No consensus among states on use of GM tech -Sanjeeb Mukherjee

-Business Standard However, the states have broadly agreed to most other issues raised by NITI Aayog task force, including legalising land lease Consensus seems to have eluded a NITI Aayog task force on agriculture on use of genetically modified (GM) technology in pulses and oilseeds from state governments. However, state governments have broadly agreed to most other issues raised by the task force, including legalising land lease. Officials said the task force, which...

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Can India beat this slowdown? -Jayan Jose Thomas

-The Hindu It is only due to the high rates of growth in the services sector that India’s overall economic growth appears robust. The world economy is so hard to predict. In 2008, as the global financial markets plunged into a crisis, high oil prices were considered to be one of the factors that caused it. Today, many fear that the world economy is on the edge of another recession. Guess what...

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Growth data send conflicting signals

-The Hindu The latest GDP data released by the Central Statistics Office (CSO) raise more questions than they answer. While on the face of it, the projection of 7.6 per cent growth at constant prices for the fiscal year ending March 31 sounds both attainable and impressive, a closer look at the other sets of numbers, including the third-quarter reading, raises some flags. The pace of economic expansion is estimated to...

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