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Growth in Agri GVA deflator shows a declining trend in comparison to growth in other sectoral GVA deflators

Recent studies and media reports have confirmed that Indian farmers are facing non-remunerative and sometimes falling prices. A past news alert by the Inclusive Media for Change team indicated deflation in wholesale prices of 8 kharif crops (viz. maize, arhar, moong, urad, groundnut, soybean, sunflower seed and Niger seed) on average between 2016-17 and 2018-19. Based on data analysis, that news alert also demonstrated how the rural areas have witnessed...

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Supreme Court strikes down Rs 6,300-cr food contracts -Sandeep A Ashar

-The Indian Express Pankaja Munde’s ministry accused of tweaking tender norms to favour big players and industrialists. Mumbai: IN FRESH trouble for the Devendra Fadnavis government, the Supreme Court (SC) has struck down tenders worth Rs 6,300 crore issued in 2016 by the Maharashtra women and child development department for supplying Take Home Ration (THR) as supplementary nutrition at daycare centres or anganwadis in the state. A bench comprising Justice Arun Mishra...

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UP, Bihar continue to be down in the dumps in HDI: Report

-PTI Southern states continue to lead the pack on the crucial measure, where the country is ranked 130th globally, but are staring at a different trouble, the report notes. Mumbai: Uttar Pradesh and Bihar continue to languish on the human development index (HDI) front, while others, including Haryana and Himachal, have shown an improvement in the past 27 years, says a report. The industrially progressive Gujarat and Maharashtra have slipped in the HDI...

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Prof. Guy Standing, economist at the School Of Oriental and African Studies, University of London, interviewed by Sayantan Bera (Livemint.com)

-Livemint.com In conversation with Guy Standing, economist at the School Of Oriental and African Studies, University of London Neither the Narendra Modi government nor Rahul Gandhi have gotten minimum income scheme right, he says New Delhi: Income support is the big economic idea of the season. While the ruling BJP government announced a limited money transfer scheme targeted at farmers in the recent interim budget, the Congress has proposed to solve the country’s...

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Slowing Economy, Rising Joblessness -Subodh Varma

-Newsclick.in New GDP numbers show the deep agrarian crisis and an economy in doldrums, while unemployment continues to grow. Advance estimates of Gross Domestic Product (GDP) for the current year 2018-19, and estimates for the third quarter (Sept-Dec 2018) show unmistakeable signs of a slowing economy, despite the flawed method of calculating these estimates. The country’s economy will grow by 7% in the current year which will end this March. Last year...

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