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Measuring Economic Development: Data points undergo changes in 4 yrs -Aanchal Magazine

-The Indian Express GDP growth rates for pre-2011-12 years, making it impossible to compare the new growth data with the growth during the UPA years. New Delhi: From a new gross domestic product (GDP) series to a revised Index of Industrial Production and inflation indices, alongside fresh interventions including payroll reporting based on EPFO data, statistical measurement tools to gauge economic development underwent some change over the past four years. In the...

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As prices crash, Ramanagaram farmers dump mangoes on the road -MT Shiva Kumar

-The Hindu Ramanagaram (Karnataka): Now it is the turn of mango farmers to dump their produce on the roadside. Mango may be the king of fruits, but its growers are not the kings, at least in the State’s major mango-growing belt of Ramanagaram district as glut in production has resulted in a crash in wholesale prices of the fruit. Such is the depth to which wholesale prices have plummeted that the elite...

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High fuel prices singe farmers -Rutam Vora & TV Jayan

-The Hindu Business Line Middlemen can hike prices but producers lose margins Ahmedabad/ New Delhi: With the sharp increase in fuel prices punching holes in agricultural incomes, a section of farmers are reviewing the mechanisation options. Diesel prices are up one-fourth over corresponding time last year. "The cost including Transportation and pump-sets operation works out to about 25 per cent of the cost of production in various crops. Fuel costs are going up...

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Farmers' agitation: Stir enters second day, vegetable prices surge over dwindling supplies

-The Indian Express The farmer organisations have been demanding minimum income guarantee scheme, implementation of the Swaminathan Commission report and waiver of farmers' debt. New Delhi: Demanding remunerative prices for their produce, implementation of the Swaminathan Commission recommendations and farm loan waivers among other things, farmers across the country continued their agitation Saturday as part of a 10-day long nationwide strike. In the wake of the dwindling fresh supplies of farm produce in...

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Mining and agriculture lag behind other sectors in terms of GVA growth in Jan-Mar '18

The country’s agrarian sector in the last financial year expanded at almost half the rate at which it grew in 2016-17, shows the recently released provisional estimates by the Central Statistics Office (CSO). As compared to a growth rate of 6.3 percent witnessed in 2016-17, the growth rate in real Gross Value Added (GVA) by the agrarian sector (i.e., increase in agricultural GVA after neutralizing the effect of price inflation)...

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