-IBN Agriculture and allied activities account for 14.1% of India's GDP in 2011-12 but the proportion of the people dependent for employment in this sector is as high as 58.2.The average annual Growth rate of agriculture during the Eleventh Plan Period was about 3.6%. However, declining per capita availability of food grains is of major long term concern. For ensuring nutritional security, it is not only important to increase the per...
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Heavy burden on the young
-The Hindu The 13.1 per cent rate of unemployment in the 15-24 years age-group globally is more than twice that among the adult population. With one million more young people joining the ranks of the jobless in 2013, the world's youth are facing a disproportionate burden, says the latest report of the International Labour Organisation. The Global Employment Trends report 2014 also records slow progress of late in reducing levels of vulnerable...
More »Can higher interest rates tame India's food inflation? -Dipak Dasgupta
-The Business Standard The challenge to anti-inflation policy lies in better institutions and better evidence-based policy Our failure to rein in inflation has been costly. Economically, it has hurt Growth. Poor and urban middle-class households have been affected the most. A combination of slowing Growth and high inflation has weakened our macro-fundamentals: households fled financial savings, domestic and foreign investors lost confidence, and the rupee plunged. Politically, it has been a disaster. For...
More »NABARD paints a sordid picture of Madhya Pradesh's agriculture sector -Shashikant Trivedi
-The Business Standard This is happening especially with small and marginal farms Bhopal: In contrast to the tall claims of achieving double digit Growth in agriculture sector National Bank for Agriculture and Rural Development (NABARD) today said agriculture in Madhya Pradesh is perceived to be increasingly unviable owing to yield and price risks as well as lack of risk mitigation mechanism. This is happening especially with small and marginal farms. Interestingly, government...
More »Making agriculture remunerative -Ashok Gulati, Nidhi Satija & Bhavik Lukka
-The Financial Express Unless we get it right on the markets front, including opening up of exports, farmers cannot get their full due One of the key objectives of agricultural price policy in India is to ensure that agriculture remains a remunerative occupation so that farmers are incentivised to adopt modern technologies that help raise productivity and overall production of various crops in the country broadly in line with the emerging demand...
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