-Review of Agrarian Studies This paper argues that mechanisation of Indian agriculture, as measured by Growth in the production and sale of tractors, has continued, although not uniformly, over the last two decades. While the last two decades were a period of slowdown in agricultural production, the data do not support a view of undifferentiated economic decline in rural areas. Our focus on tractors is justified as the Indian agricultural sector...
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Planning Commission calls meet on mining
-PTI Mining output fell 3.4% in April-August compared to a dip of 1.8% a year ago, due to SC ban on mining in Karnataka and Goa The Planning Commission has convened a meeting of ministries concerned next month to discuss the issues related to mining, including the ban on such activities in some states. "We have called a high-level meeting of the ministries concerned next month to discuss the issues related to mining...
More »Infant mortality rate down by 33% in Gujarat -Kapil Dave
-The Times of India GANDHINAGAR: There's good news for Gujarat on the Human Development Index (HDI) front as the state's Infant Mortality Rate (IMR) has declined significantly. It has fallen to 38 in 2012 from 57 in 2003 - a drop of 33.3% - better than the 30% decline at the national level. IMR is defined as deaths of infants below one year of age per 1,000 live births. Though Gujarat has...
More »Catch-up in industrialisation-Deepak Nayyar
-The Hindu It was the visible hand of the state rather than the invisible hand of the market that helped the developing world catch up with the industrialised countries The emerging significance of developing countries, which gathered momentum after 1980, is beginning to shift the balance of power in the world economy. It could lead to a profound transformation in the next 25 years. This unfolding reality must be situated in the...
More »Nomura says slowing rural wages should bring inflation down
-PTI MUMBAI: Japanese brokerage Nomura today said with real rural wages moderating, both rural demand and inflationary pressures will moderate in the medium-term, giving the much-needed room to the Reserve Bank to lower interest rates. "Though rural wages continue to rise, the pace of Growth is moderating. Growth in the average daily wage rate for agricultural labourers dipped to 13.1 per cent in August year- on-year, which is significantly slower than 18.5...
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