-Business Standard Allocation boost likely for schemes on Agriculture, irrigation, rural roads In a move to boost rural consumption and alleviate distress in the hinterland, the government is likely to give an allocation push in Budget 2016 to programmes on irrigation, rural roads, soil health cards and Agriculture. According to officials, the Union Budget for 2016-17 could see a significant increase in allocation to marquee programmes like the Pradhan Mantri Krishi Sinchai Yojana,...
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Wheat output may drop for second year straight due to warm winter
-PTI New Delhi: Wheat production in India, the world’s second-largest producer, is likely to fall below 90 million tonnes for the second year in a row in 2015-16 due to an unusually dry and warm winter. Wheat output had declined to 88.95 mt in 2014-15 due to a poor monsoon and unseasonal rains in February-March, as against a record 95.85 mt achieved in the previous year. Sowing of wheat, a major rabi (winter)...
More »Destruction of the Doha Round
-Economic and Political Weekly India plays a poor hand at the World Trade Organization's negotiations. The idea that there is no longer a sharp divide between the global North and the global South has been disproved in ample measure by the decisions taken last month in Nairobi at the 10th ministerial conference of the World Trade Organization (WTO). The essence of the final communique is that the 14-year-old Doha “Development” Agenda (DDA)...
More »Arvind Subramanian, Chief economic advisor, speaks to Dilasha Seth, Arup Roychoudhury and Indivjal Dhasmana
-Business Standard Chief economic advisor Arvind Subramanian discusses the Budget, goods and services tax, Centre-state relationship and larger issues facing the economy with Dilasha Seth, Arup Roychoudhury and Indivjal Dhasmana. Edited excerpts: * In the mid-year economic analysis, you talked of revisiting the fiscal numbers for 2016-17. Is it a view of the chief economic advisor (CEA) or that of the government? I see my role as a member of the government. I...
More »Third year in a row, horticulture output beats grain production -Vishwa Mohan
-The Times of India NEW DELHI: India's horticulture output has outpaced the production of foodgrains third year in a row in 2014-15 despite deficit monsoon, unseasonal rains and hailstorms. Besides, horticulture production also showed continuous increase unlike foodgrain output which reported a decline in 2014-15 as compared to 2013-14. The figures are part of the horticultural statistics, released by the Agriculture ministry on Thursday. The report - Horticultural Statistics at a Glance...
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