-The Hindu Say policymakers induce farmers to adopt incongruent crop pattern, causing water crisis Pune: The water crisis in Maharashtra is a “policy-induced failure”, according to economists and water academics who have specifically warned of the ‘desertification’ of the parched Marathwada region in the near future. “It is the ecological illiteracy of policy-makers and the selfishness of the power elite in inducing farmers across Marathwada to adopt a crop pattern that is not...
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India's economy: broad hints of causes for worry
-The Telegraph Inflation and a poor monsoon may add to our woes in an economy already plagued with high unemployment and low demand The ministry of commerce has released the latest data on wholesale price index inflation. The data on food inflation have attracted attention as it soared to a 33-month high in April 2019. However, this rate of inflation is still moderate at 7.4 per cent. The inflation has been due...
More »Growth in Agri GVA deflator saw a rising trend between 2005-06 & 2009-10, despite using different sources of back-series data
The year-on-year (y-o-y) growth rate in Agri Gross Value Added (GVA) deflator (an alternative measure of inflation) shows a rising trend between 2005-06 and 2009-10. In other words, price rise pertaining to the agrarian sector accelerated during the period under discussion. This particular trend has been observed irrespective of whether one uses the GVA/GDP back-series data (Base 2011-12=100) that was computed by the National Institution for Transforming India Aayog (NITI Aayog)...
More »PM Kisan scheme: 'Centre has paid farmers around Rs. 10,500 cr so far'
-PTI New Delhi: Around 3.10 crore small farmers have so far received the first tranche of Rs. 2,000 each under the PM-Kisan scheme and 2.10 crore peasants have got the second instalment as well, costing Rs. 10,500 crore to the exchequer, a senior Agriculture Ministry official said Tuesday. The government had announced that 12 crore farmers would be covered under the the Rs. 75,000-crore Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) scheme. Each...
More »The problem with cherry-picking data -Arun Kumar
-The Hindu If it’s the government’s case that NSSO figures are suspect, what has it based policy decisions on? Minister of State for Housing and Urban Affairs Hardeep Singh Puri said last week, “we definitely have a data crisis,” and blamed academics for creating a “false narrative”. Yet, at the heart of the data crisis in India is the Central government, which has been holding back important data. Most recently, it did...
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