The Ministry of Agriculture and Farmers Welfare has contended that the growth in real Gross Value Added (GVA) by the agrarian sector will not decline in 2017-18 vis-à-vis 2016-17 as has been predicted by the Central Statistics Office (CSO). The first advance estimates of CSO show that the growth rate in GVA at basic price (at 2011-12 prices) of the 'Agriculture, forestry & fishing' sector is likely to dip from 4.9...
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Bullish Agri Ministry expects higher GVA growth in 2017-18
-The Hindu Business Line ‘CSO’s advance estimate factored in crop coverage data only till August 2017’ New Delhi: The Agriculture Ministry is hopeful of the overall agriculture sector posting a “much higher” gross value added (GVA) growth for 2017-18 than the 2.1 per cent growth estimate put out by the CSO’s advance estimates on Friday. The optimism of achieving a higher than estimated growth rate of 2.1 per cent stems from the fact...
More »Some red flags in the economy numbers: Agriculture is the most alarming -RN Bhaskar
-MoneyControl.com When agriculture’s GVA growth climbed from -0.2% in 2014-15, to 0.7% in 2015-16, everyone expected agriculture to continue doing well. This was confirmed by this growth rate further rising to 4.9% in 2016-17. But what happened now? So it is finally official. The fears that most people had kept suppressed – about India witnessing an economic slowdown – have been realised. The Central Statistical Office (CSO) came out last week with...
More »Expect a Budget for angry Bharat -TV Jayan and Rutam Vora
-The Hindu Business Line Falling farm prices, drying up of industrial jobs and lesser MGNREGA work have sharpened rural discontent. The Budget cannot ignore these factors in a year of 8 State polls The year 2017 was roiled by rural discontent. After two consecutive drought years (2014-15 and 2015-16), when Agriculture Growth plummeted (see table), the countryside was awash with hope after a good monsoon in 2016-17. However, record foodgrain output (272 million...
More »Anxieties of the dominant -Christophe Jaffrelot & Kalaiyarasan A
-The Indian Express At the root of the insecurities of Marathas, Jats and Patels lies lack of education and employability The recent clash in Pune district between the Mahars and Marathas reflects the anti-Dalit prejudice of the latter, but it needs to be analysed in the context of the changing status of dominant castes, not only in Maharashtra but across India. The claims of Patels, Jats and Marathas to be considered as...
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