In his Mann ki Baat address to the nation on 30th May, 2021, Prime Minister Shri Narendra Modi appreciated the fact that the farmers received "more than the minimum support price (MSP) for mustard" pertaining to the rabi production. One can easily guess from this statement of the PM that the mustard growers in Haryana (and elsewhere) preferred to sell their produce to private traders in the open market instead...
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A disconnect that shows the real state of the country’s economy -Himanshu
-Livemint.com * Disaggregated data contradicts the rosy picture that national accounts paint of our performance * It’s premature to conclude that a recovery is underway, as our GDP rise in 2020-21’s third quarter was on a very low base. Also, other data sets reveal that distress remains widespread. Estimates of growth in the third quarter of 2020-21 along with Advance Estimates of the full year were released last month by India’s statistics ministry....
More »GDP growth is being driven by larger firms. Smaller ones continue to suffer, need policy attention -Saugata Bhattacharya
-The Indian Express Policy coordination between the Centre and states will be crucial for implementing this ambitious reform agenda. The National Statistical Office will release the second advance GDP estimates for 2020-21 at the end of February. The first advance estimate had, in early January, forecasted a contraction of 7.7 per cent in 2020-21. This was due largely to an expected, sharp contraction in both industry and services. The second Advance Estimates...
More »Union Budget 2021: Slashed funds for NREGA, Poshan Abhiyan 2.0, elderly pensions reflect poorly on Centre -Swati Narayan
-Firstpost.com The biggest hoodwink is the starved Poshan Abhiyan 2.0, which though merges the Supplementary Nutrition Programme and the Poshan Abhiyan, has been allocated an amount less than what was prescribed for Anganwadi services in 2020 In a post-truth world, the plain cold statistics in the fine print of the Union Budget 2021 often reveal more than the Union Finance Minister Nirmala Sitharaman's speech. The budget for NREGA labourers has been slashed despite...
More »The Problem with International Migration from India -Gian Singh
-TheCitizen.in The losses outweigh the gains A report released on January 15 by the United Nations Department of Economic and Social Affairs estimates that India has the highest number of international migrants in the world. It found that last year 18 million Indians were living abroad, followed by Mexico 11 million, Russia 11 million, China 10 million, and Syria 8 million. It estimates that 10 million or 1 crore Indians emigrated abroad...
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