-Zee News Agriculture is consistently losing its importance in India's economic growth. The agriculture sector contributes to just 15 percent of India's Gross Domestic Product (GDP), but over 50 percent of the population is still dependent on it. The farm sector, including forestry and fishing, grew by 3.2 percent in the quarter ending September, as compared o 3.8 percent in previous quarter and 4.7 percent in 2013-14. For the entire financial...
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Small and marginal farmers in distress -R Ramakumar and Aparajita Bakshi
-The Hans India It is official now. New data released by the National Sample Survey Organisation (NSSO) for 2013 show that the agrarian distress in rural India is continuing, and even intensifying for small and marginal farmers. In the last decade, there has been much talk on inclusive growth, revival of growth rates in agriculture, higher public investment in agriculture and the doubling of agricultural credit. Yet, the new data show...
More »Senior bureaucrat bats for food security concern
-The Business Standard Cabinet secretary asks WTO to not put issue on backburner but address it up front Laying down India's stand on World Trade Organisation negotiations, cabinet secretary Ajit Seth on Thursday said the country's food security concerns cannot be relegated to the back-burner, but should be addressed up front. "Addressing the food security concerns is important, as India still has 190 million hungry people," Seth said at an event organised...
More »The good is in the detail -S Gurumurthy
-The Hindu The national discourse is so superficial that it only talks of foreign direct investment, investment allowance, tax sops and the like which are just about a twentieth to a sixth of the national economy. It did not even notice paragraph 102 in the Union budget speech which is about half of India's economy. Commentators see facts hidden in budgets as the "devil's in the detail." This presumes that only...
More »Lok Sabha elections: Party manifestoes have little clue of factory job creation -Subhomoy Bhattacharjee
-The Indian Express The Planning Commission numbers show that in the unorganised manufacturing sector, value added per worker has come down by over 5 per cent in the last decade. The Congress and the BJP manifestoes for the general elections talk about the need for raising employment numbers in multipliers but hardly show any understanding of where to maximise those. For both, the Holy Grail is rising of the profile of the...
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