-Livemint.com India’s statistical system suffered credibility shocks when the GDP series was released Last week, the NITI Aayog released the back series of gross domestic product (GDP) data on base 2011-12 for the years 2004-05 to 2011-12. The series was eagerly awaited by researchers as well as policymakers ever since the base was revised in January 2015. This release follows an unofficial release of the report of the committee on real...
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Q2 GDP growth slows to 7.1% from 8.2% in Q1 -TCA Sharad Raghavan
-The Hindu Various ratings agencies had predicted such a slowdown in the second quarter due to the impact of rising oil prices on input costs, and also due to the effect of the rupee devaluation. New Delhi: Second-quarter GDP growth slowed to 7.1%, from 8.2% in the preceding three-month period, official estimates released on Friday show. Gross Value Added (GVA) growth eased to 6.9% in July-September, from 8%. The GDP expansion in the...
More »Overseas markets wipe away tears of onion traders hit by low domestic prices -Amrita Nair Ghaswala
-The Hindu Business Line Mumbai: Onion Exports have picked up on firm overseas demand even as domestic prices continue to rule low, as the new crop hits the markets in the backdrop of huge carry forward stocks. Experts attribute the pick-up in demand over the past few months to a lower global output due to changing climatic conditions. Ganpat Vaishnav, owner of Ganesh Impex, moved to exporting onions over the last three months,...
More »When milk turns sour -Jitendra
-Down to Earth Farmers worldwide face existential threat as milk prices slump but dairy processing giants are making a windfall. Down To Earth travels to Germany, Kenya and several Indian states to take stock of the global crisis Call it the fallout of faulty farm policies of the rich or simply a demand-supply gap, dairy farmers across the world are crying for help as global milk prices slump. In India, the biggest...
More »India claims to be self-sufficient in food production but facts say otherwise -Jitendra
-Down to Earth If the government decides to feed all its hungry people, India's tag of a net exporting country will be easliy lost India is riding high on the agricultural success story it has written over the past few years. Record-breaking food-grain production was registered in seven years in the past decade. From 217 million tonnes in 2006-07, the country’s production jumped to 275.11 million tonnes in 2016-17. Three years...
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