-The Indian Express GDP growth rates for pre-2011-12 years, making it impossible to compare the new growth data with the growth during the UPA years. New Delhi: From a new gross domestic product (GDP) series to a revised Index of Industrial Production and inflation indices, alongside fresh interventions including payroll reporting based on EPFO data, statistical MEAsurement tools to gauge economic development underwent some change over the past four years. In the...
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Why the Modi govt's move to ditch quarterly jobs surveys to make way for EPFO-based employment data is a mistake India -Dinesh Unnikrishnan
-Firstpost.com The labour ministry has put the Quarterly Employment Survey (QES) on the back burner as it wants to transition to computing payroll data based on Employees’ Provident Fund Organisation (EPFO) subscriptions, based on data from the Employees State Insurance Corporation (ESIC) and the Pension Fund Regulatory and Development Authority (PFRDA), according to this report in The Economic Times. Of course, the EPFO-based jobs data gives one a better picture about the...
More »Bihar dumps Centre's insurance scheme for farmers, launches its own scheme to tackle crop loss -Anand ST Das
-The New Indian Express In an apparent snub to the Pradhan Mantri Fasal Bima Yojana, the Bihar government has launched its own scheme to provide guaranteed assistance to the state’s farmers. PATNA: In an apparent snub to the Pradhan Mantri Fasal Bima Yojana (PMFBY), the Bihar government has launched its own scheme to provide guaranteed assistance to the state’s farmers in the event of crop damage. At a time of growing unrest among...
More »States crack down on sale of illegal GM cotton seeds -Vivek Deshpande
-The Indian Express Area under ‘unapproved’ herbicide-tolerant hybrids likely to fall this year Nagpur: Last year, almost 35 lakh packets of genetically modified (GM) cotton seeds, incorporating unapproved ‘herbicide-tolerance’ or HT technology, were bought and planted by farmers across India. But this time round, state governments seem better prepared to curb this illegal cultivation, even as sowing of cotton is over in northwest India and is about to commence in the...
More »Explained: What is the Swaminathan Commission report and what are its recommendations?
-MoneyControl.com The main aim of the commission was to come up with a system for sustainability in farming system and make it more profitable and cost competitive in farm commodities Farmers belonging to Madhya Pradesh began a 10-day strike on June 1 to seek better Minimum Support Price (MSP), a waiver for farm loans, higher compensation for damaged crops and full implementation of the MS Swaminathan report. Earlier this year, lakhs of farmers...
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