A recent report by the National Bank for Agriculture and Rural Development (NABARD) enlightens one about the state of farmers' income and indebtedness in 2015-16. Entitled NABARD All India Rural Financial Inclusion Survey 2016-17 – in short NAFIS 2016-17 – the report says that between 2012-13 and 2015-16 the average monthly income for agricultural households grew by around 39 percent. One may recall that the Key Indicators of Situation Assessment Survey...
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NR Bhanumurthy, professor of economics at the National Institute of Public Finance and Policy (NIPFP) and author of the series presented in a report to the National Statistical Commission, interviewed by Abhishek Waghmare (Business Standard)
-Business Standard "Under the new GDP series, there has been reallocation of a few items from one sector to another, from services to manufacturing sectors" The back series data of GDP released recently by a panel of experts has evoked sharp reactions among political circles and experts. N R Bhanumurthy, professor of economics at the National Institute of Public Finance and Policy, and the author of the series, presented in a report...
More »What Surjit Bhalla got wrong about our study on spatial inequality in India -Vivek Dehejia
-ThePrint.in Three richest states in India are three times as rich as three poorest, which is why we can’t ignore spatial inequality. In a recent review of James Crabtree’s new book, The Billionaire Raj, also reviewed by me, columnist and part-time member of PM Modi’s Economic Advisory Council, Surjit Bhalla, pays my co-author, political economist and presently data guru for the Indian National Congress, Praveen Chakravarty, the following compliment: “In a much...
More »Tip of job challenge -Basant Kumar Mohanty
-The Telegraph New Delhi: The proportion of jobless people rose significantly in India across education levels between 2011 and 2016, an economics professor's analysis of two sample surveys suggests. The findings by Santosh Mehrotra, chairperson of the Centre for Labour Studies at JNU, appear to question the Centre's claims about job creation although the period under focus covers only the first two years of Narendra Modi's rule, along with the last three...
More »Mullaperiyar Dam in Danger: Will Tamil Nadu's boon be Kerala's doom? -SG Vombatkere
-TheCitizen.in Dam failure a real fear The current floods in Kerala are unprecedented and clearly a national disaster. In the midst of this disaster, there is fear for the structural safety of the Mullaperiyar dam on the Periyar river. Madras Engineers Colonel John Pennycuick commenced construction of this 173-ft high dam in 1887, and it was commissioned in 1895. This gravity dam was considered an engineering marvel of those times. With the dam’s...
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