Amidst uncertainty over India's performance in terms of agricultural production and livelihood security of rural population, the Union Budget of 2016-17 will be presented by Finance Minister Shri Arun Jaitley on 29 February. Given the extent of drought in more than 10 states of India during 2015-16, it is expected that the NDA Government will allocate more resources for rejuvenating the rural sector. Since the country has seen two years of...

-The Hindu Business Line Higher social sector spending by the government boosts income and consumption, and spurs growth India’s economic growth is now much more closely linked to the state of the rural economy than it ever was. Sustaining a 7.5-per cent growth in GDP would be contingent on higher growth in rural household consumption. Rural expenditure grew 5.7 per cent annually during 2005-15 — against 5 per cent annual growth in the...

-The Economic Times NEW DELHI: The crisis in the country's farmland has taken out one of the biggest spenders of the economy from the demand-supply chain - farmers. The agrarian economy employs more than 50 per cent of the workforce and therefore, affects a large number of total consumers in the economy. Its conspicuous absence has resulted in weak aggregate earnings performance by India Inc, especially in the consumer durables, staples and auto...

-The Hindu It is only due to the high rates of growth in the services sector that India’s overall economic growth appears robust. The world economy is so hard to predict. In 2008, as the global financial markets plunged into a crisis, high oil prices were considered to be one of the factors that caused it. Today, many fear that the world economy is on the edge of another recession. Guess what...

-The Indian Express Telecom regulator says no service provider can offer, charge discriminatory tariffs for data services on basis of content Putting an end to the controversy over differential pricing on the Internet, the Telecom Regulatory Authority of India (Trai) on Monday ruled that differential pricing for data services will not be allowed in the country. “No service provider shall offer or charge discriminatory tariffs for data services on the basis of...