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Only 0.5% jobs added in 8 key non-farm sectors from April to September last year -Subodh Varma

-The Times of India Just over one lakh jobs were added between April 1 and October 1 last year in eight key non-farm sectors of the economy ranging from manufacturing and construction to IT/BPO, education and health, according to a recent government report. Is this good or bad? Considering that these eight sectors together employ over two crore workers, the net addition of new jobs amounts to a mere half a per...

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State of Agriculture in India -Tanvi Deshpande

-PRS Legislative Research The key findings of the report entitled: State of Agriculture in India by Tanvi Deshpande (March, 2017) are as follows: * The agriculture sector employs nearly half of the workforce in the country.  However, it contributes to 17.5% of the GDP (at current prices in 2015-16). * Over the past few decades, the manufacturing and services sectors have increasingly contributed to the growth of the economy, while the agriculture sector’s...

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Farm loan waiver is no solution for Indian agriculture

-Livemint.com In the case of repeated farm loan waivers, it makes sense for borrowers to default strategically Hope: The Narendra Modi government says it wants to double farm income by 2022 through the transformation of Indian agriculture. Reality: The political discourse continues to focus perversely on farm loan waivers. Here are some recent instances. The new Bharatiya Janata Party government in Uttar Pradesh is considering a farm loan waiver as promised in its election...

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Adityanath, No Stranger To Criminal Cases, Promises Safer UP -Milan Vaishnav

-NDTV In his maiden appearance after being named Uttar Pradesh chief minister, Yogi Adityanath proclaimed that his Bharatiya Janata Party (BJP) government would maintain a laser-like focus on the twin themes of combating corruption and restoring law and order. "In the past 15 years," Adityanath noted, "UP lagged behind in the race of development as previous governments indulged in corruption, nepotism, and failed on the law order front." Indeed, one of...

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Farmers welcome debt waiver and wheat buy-back announcements -Sharmila Bhowmick

-The Times of India GREATER NOIDA: The farmer community of Greater Noida welcomed Chief Minister Yogi Adityanath's relief announcements in terms of debt waivers and buy back proposals of stacked up wheat produce. The twin announcements have given hope to the community which has been suffering under financial distress over last three years because of cash crunch and inclement crop damage. Adityanath's announcement of wheat purchase made yesterday at Gorakhpur came in...

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