-Livemint.com The number of farmers covered under prime minister’s crop insurance scheme fell to 47.9 million in 2017-18, from a high of 57.5 million the year before, a sharp decline of 17% in just a year New Delhi: Despite the centre pumping more funds into its flagship crop insurance scheme, coverage among farmers is on the decline, according to figures released on Tuesday, indicating a decline in interest among farmers. The number of...
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New metric for jobs growth to include informal economy -Prashant K Nanda
-Livemint.com The govt will count jobs created in establishments deploying less than 10 people, which essentially means that shops run by one owner and one employee too will be counted as employment generation New Delhi: Expanding the scope of job creation in the country, the National Democratic Alliance (NDA) government has now decided to start counting jobs created in the non-farm informal sector. The government has asked labour bureau under the Union labour...
More »National Income in India: What's really growing? -CP Chandrasekhar and Jayati Ghosh
-Macroscan.org Recent income growth in India has been dominated by sectors that do not reflect real physical output increases – such as finance, insurance and real estate and public administration and defence. Please click here to access the entire article. * This article was originally published in the Business Line on February 27, 2018. ...
More »The rising agrarian distress in India -Jayati Ghosh
-Livemint.com To stabilize crop prices and make them remunerative, the Swaminathan Commission proposed significant improvements in the implementation of MSPs Across the country, farmers are furious—and rightfully so. Four years ago, they helped bring the Bharatiya Janata Party (BJP) to power, believing Narendra Modi’s claims that they would no longer suffer official neglect. But since then, conditions in agriculture have got worse. Earlier problems have worsened as farm incomes have been squeezed...
More »Farmers' protest to hit Gujarat next month -Maulik Pathak
-Livemint.com Farmer organizations in Gujarat plan a five-day protest in Gandhinagar next month over allocation of Narmada waters, crop insurance and minimum support price Ahmedabad: Farmer organizations in Gujarat plan to hold a five-day protest in Gandhinagar next month to voice concerns over the allocation of Narmada waters and demands on issues such as crop insurance and minimum support price. “Despite repeated written presentations to Gujarat government, our issues have not been addressed....
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