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Farmers losing Rs. 30,000 cr to low quality pesticides, says farm lobby

-PTI New Delhi: Nearly one-fourth of pesticide samples sold in open market are substandard and losses on account of use of such spurious products are estimated at Rs. 30,000 crore to the farming community, Bharatiya Krishak Samaj (BKS), a farmers’ body said on Monday. According to BKS, 13 out of a total 50 samples of pesticides sold in open market have been found to be substandard in a test conducted at a...

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Bank credit: is it growing, and where's it going? -Aarati Krishnan

-NDTV Lenders have loosened purse strings, but some sectors are monopolising bank loans. Hence the clamour for more credit Credit flow to industry, or the lack of it, has been a bone of contention between the Centre and the Reserve Bank of India (RBI). While RBI and its supporters assert that bank lending is now growing at a brisk pace, the government and industry lobbies insist that the credit taps remain shut....

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Marginal & small holdings saw increased fragmentation & contracted size between 2010-11 and 2015-16, indicates latest Agriculture Census

Just a few days ahead of the Kisan Mukti March in Delhi NCR, the provisional results of the Agriculture Census 2015-16 became available in the public domain. The report, among other things, highlights the long-term problems affecting Indian agriculture including fragmentation of land holdings (particularly the marginal and small ones) and shrinking average size of farm land. The provisional results of the latest Agriculture Census reveal that at the national level...

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Decoding the CSO's backcasting of national income data -KR Srivats

-The Hindu Business Line ‘GDP growth rates for 2004-11 were bound to come down’ New Delhi: “You can slice and dice the data anyway you want, but India’s GDP growth rates between 2004 and 2011 were bound to come down in the backcasting computation effort,” said TCA Anant, former Chief Statistician of India. When the new base year of 2011-12 came out, the Central Statistics Office (CSO) had documented and recognised that the...

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Under fire, NITI Aayog says was told to look at GDP back series data -Sunny Verma

-The Indian Express Many economists have  questioned the NITI Aayog’s role in the release of the statistical  exercise of CSO, which comes under the Ministry of Statistics and Programme Imple- mentation (MoSPI). New Delhi: Facing Criticism over the NITI Aayog’s presence at the release of the GDP back series data by the Central Statistics Office (CSO) last week, Aayog Vice-Chairman Rajiv Kumar said his department was asked to “have a look”...

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