-Livemint.com Despite claims of an economic recovery, rural wage growth of non-agricultural labourers continued to be in negative territory for the fourth month in a row Data released by the Central Statistics Office last month suggested a recovery in economic growth during the fourth quarter of 2017-18, with the economy expanding by 7.7% compared to that in the first quarter, when growth was at its lowest at 5.7%. This has given some...
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These people-managed forests are setting new examples in conservation and economy -Debarati Choudhury
-GoIMonitor.com The villagers getting management rights under the Forest Rights Act can inspire others “First came the forest, followed by the people, and then the government. Does this chronology allow the newest entrant in the scheme to determine the relationship between the two older entities? In other words, does the new regime of community forest resource bequeath rights or is it merely a recognition of unalienable rights already vested in the communities living...
More »An unexceptional economic performance -Pulapre Balakrishnan
-The Hindu It is now clear that the Indian economy is moving along a lower growth path At the end of May the Central Statistics Office (CSO) released much-awaited estimates of national income for the final quarter of the 2017-18 financial year. The timing coincided with the completion of four years in office of the National Democratic Alliance (NDA) government. In a propaganda blitz, surging through the Net, the government embraced the...
More »Index NREGA wages to rural inflation: Rural development ministry -Subodh Ghildiyal
-The Times of India NEW DELHI: In a bid to ensure higher returns for labourers in MGNREGA, the Union rural development ministry has again asked the finance ministry to index the wages under the job guarantee scheme to Consumer Price Index (rural - CPI-R) in place of the current CPI (agricultural labourers - CPI-AL). The RD ministry has argued that CPI (R) better reflects the present consumption pattern among rural households unlike...
More »Mining and agriculture lag behind other sectors in terms of GVA growth in Jan-Mar '18
The country’s agrarian sector in the last financial year expanded at almost half the rate at which it grew in 2016-17, shows the recently released provisional estimates by the Central Statistics Office (CSO). As compared to a growth rate of 6.3 percent witnessed in 2016-17, the growth rate in real Gross Value Added (GVA) by the agrarian sector (i.e., increase in agricultural GVA after neutralizing the effect of price inflation)...
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