-TheWire.in The number of jobs created in eight select industries in 2015 was 135,000. This was much worse than the 421,000 jobs created in 2014 and the 419,000 in 2013. Here, when I use the shorthand “jobs” it means both jobs and livelihoods for self-employed people. In the farm sector, most “jobs” are livelihoods. In the non-farm sector too, outside of the organized sector, much of working opportunities come as self-employed livelihoods...
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Why Odisha’s farmers are taking their lives -Biswajit Padhi
-Civil Society Online Bhubaneswar: Laxman Goud, a 35-year-old farmer in Thakurpalli village in Komna block of Nuapada district of Odisha, used to lead a very simple life. He was a devoted follower of Mahima Dharma, a subaltern religion practised by underprivileged castes in Odisha. One morning, he took his life in desperation. He couldn’t repay Rs 19,000 he had borrowed from a local moneylender at 36 per cent interest. Goud had invested...
More »What other farmers can learn from Manipur's Devakanta -Manu AB
-Rediff.com Potshangbam Devakanta from Manipur shows the way in conserving the biodiversity of the state, farming around 100 traditional varieties of paddy and rare medicinal plants, finds Manu A B/Rediff.com. When farmers across India are grappling with weather woes and poor yields, Potshangbam Devakanta from Manipur has succeeded in adopting smart and eco-friendly methods of farming to ensure his harvest is satisfactory year after year. Like thousands of farmers in India, 60-year-old Devakanta...
More »Inflation falls to -4.95%, spurs deflation fears, rate cut hopes -TCA Sharad Raghavan
-The Hindu Overall, industry bodies are positive about the ongoing contraction in inflation, but there is some wariness regarding deflation. Wholesale price inflation contracted for the tenth consecutive month, coming in at -4.95 per cent in August compared to -4.05 per cent in July. This follows Chief Economic Adviser Arvind Subramanian’s comments cautioning that India’s economy could be nearing deflationary territory. The data also comes two weeks before the Reserve Bank of...
More »Only a fourth of explorers filed mineral data in seven years -Deepak Patel
-Business Standard State governments granted 401 reconnaissance permits and 920 prospecting licences between November 2007 and December 2014 Only one-fourth of companies with reconnaissance permits or prospecting licences have submitted mineral exploration data to the government in the last seven years, according to the ministry of mines. State governments granted 401 reconnaissance permits and 920 prospecting licences between November 2007 and December 2014. Of these, 186 holders of reconnaissance permits and 151 prospecting...
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