-Livemint.com Very low GDP growth in the fourth quarter indicates that the slowdown is likely to persist in the current quarter as well Finally, the impact of demonetisation is visible in the gross domestic product (GDP) numbers. Gross value-added (GVA) growth at constant prices fell to a mere 5.6% in the fourth quarter of fiscal year 2017 (FY17), clearly showing the scars of demonetisation on the economy. That’s not all. The headline growth...
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Farm provides growth impetus
-The Telegraph New Delhi: A robust farm growth of 5.2 per cent in the March quarter pushed GDP growth up to 7.1 per cent. However, growth in the sector was lower than the previous quarter's expansion of 6.9 per cent. Farm growth for the full fiscal zoomed to 4.9 per cent because of good rainfall and record food-grain production compared with a near flat 0.7 per cent expansion in 2015-16. "The third...
More »Is there a reason to cheer record horticulture harvest? -Sayantan Bera
-Livemint.com Fiscal 2017 marks the fifth straight year when production of horticulture crop surpassed that of foodgrains New Delhi: Latest numbers from the agriculture ministry released on Tuesday showed that production of horticulture crops like fruits and vegetables touched a record high of 295 million tonnes in 2016-17. Apart from being higher than foodgrain production estimated at 273 million tonnes during this period—another record i.e. 2016-17 marks the fifth straight year when...
More »Rising impunity might be driving anti-Dalit violence -Roshan Kishore
-Livemint.com Conviction rates for crimes against Dalits have declined sharply since 2011 The recent clashes between Dalits and Thakurs in Saharanpur district of Uttar Pradesh (UP) have once again thrown the spotlight on the deep fault lines in Indian society. While violence against lower caste groups such as Dalits or scheduled castes (SCs) has a long history in the country, such crimes have been on the rise over the past few years, data...
More »Why India's growing religiosity is an economic challenge -Pramit Bhattacharya
-Livemint.com Growing religiosity may boost the tourism sector but may hurt the overall economy Over the past decade, the proportion of religious people has either declined or stagnated in most countries. India seems to have been an exception, according to Data from the World Values Survey (WVS), the largest global repository of Data on attitudes and beliefs of individuals across the world. More than 90% of Indian respondents said religion was either ‘very...
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