-The Indian Express Behind the agitation, stagnant income and deteriorating terms of trade for agriculture New Delhi: Why are Indian farmers an angry lot today — stopping the supply of vegetables to cities and even spilling milk on roads? An answer to this can be found in the estimates of gross domestic product/ national income growth from the Central Statistics Office. The accompanying table shows two sets of growth figures. The first is...
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Tardy govt risks spoiling benami drive
-PTI New Delhi: The attachments of over 780 benami assets, worth crores, risk being invalidated because of the government's failure to create a designated adjudicating authority in the 19 months since enforcing a stringent law against black money and corruption. The Centre had amended the Benami Property Transaction Act of 1988 and enforced the tighter version on November 1, 2016, days before Prime Minister Narendra Modi demonetised 1,000-rupee and 500-rupee notes. Section 7...
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)...
More »Farm incomes, rural wages and other things in between -Prosenjit Datta
-BusinessToday.in New Delhi: Prime Minister Narendra Modi is a great orator. He also makes grand announcements about ambitious targets, leaving hapless officials and others to work out the details. And sometimes, exactly what he meant while making that announcement is not very clear to the people tasked with working out strategies and policies to achieve that target. One example is his speech during the Kisan Rally in Bareilly, UP, on 28th February...
More »India bearing the cost of ignoring rural distress -Himanshu
-Livemint.com In the last three years, wages of agricultural labourers have increased only by 0.5% per year while those of non-agricultural workers have declined by 0.25% per year, the worst so far in 30 years The agrarian economy continues to be plagued by falling output prices, declining incomes and increased variation in agricultural production pointing to a situation of uncertainty and vulnerability among most rural residents. This has created an unprecedented demand...
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