-TheWire.in We are in a moment when the global economy shows no signs of revival; Russia and Japan are faced with recession, and emerging economies like Brazil and South Africa are in dire straits. There is no silver lining visible as far as domestic industrial growth is concerned. At such a time, all eyes are on Union finance minister Arun Jaitley to see how he plans to sustain economic growth that...

-Livemint.com Spending on irrigation, crop insurance to be doubled; e-platform to be developed for farm produce New Delhi: The government is set to double annual spending on irrigation and crop insurance, and develop a national digital platform for farm produce in order to ensure better prices for farmers, as part of a push to reduce rural distress following the first back-to-back drought in India in three decades. “We’re expecting that the new...

-Economic and Political Weekly Abhijit Sen (abhijitsenjnu@gmail.com) retired recently from the faculty of the Centre for Economic Studies and Planning, Jawaharlal Nehru University; he has also been a Member of the Planning Commission and then of the Fourteenth Finance Commission. Indian agriculture is once again in a slowdown. After the spurt of 2004-05--2011-12 when growth accelerated and the variability of production declined, in recent years growth has slowed and volatility has risen....

-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...

-Economic and Political Weekly Agriculture cannot be revived without a different approach to water, soil, crops and research. For the second year in succession, rainfall in the monsoon season has been less than normal. As many as 302 out of the 640 districts in the country have been declared drought-hit and the impact of the drought is the severest in nine major states of south, central and east India. It is striking...