-The Economic Times NEW DELHI: Finance Minister Arun Jaitley announced a price stabilisation fund, steps to set up a national market for farm produce, irrigation schemes, new agricultural universities as well as initiatives to increase warehousing and rural internet connectivity. Jaitley said food price volatility was a big concern, and announced a Rs 500 crore fund for farm price stabilization. He said the government wanted agriculture to grow although weak rainfall was a concern. Please...
More »SEARCH RESULT
Monsoon, a key driver of Indian Economy -Naveen Mathur
-The Hindu Business Line Below normal rainfall will result in agricultural production declining India, predominantly an agriculture-based Economy, is largely dependent on the monsoon. The agriculture sector is the backbone of the Indian Economy and thus, monsoon should be considered as the backbone of agriculture. The four-month South-West monsoon season, accounts for nearly 75 per cent of the country's total rainfall and plays a crucial rule as about 55-60 per cent of...
More »Growth and reforms only way to reduce poverty -Mrityunjay Kumar
-Niti Central According to a report, the Rangarajan committee has retained consumption expenditure as the basis for determining poverty according to which the total number of poor in the country at 36.3 crore or 29.6 per cent of the population. After much public outcry over the UPA's poverty line, another expert panel headed by veteran economist C Rangarajan has come up with a report recommending that those who are spending more than...
More »Two chaiwallahs and a budget -Sowmya Kidambi
-The Hindu Unlike the success story of the tea stall owner who became Prime Minister, there are many others whose dreams have been forgotten. But their lives have been rebuilt by MGNREGA Right next to the village home in Devdungri, Rajsamand, Rajasthan where I lived and worked with Mazdoor Kisan Shakthi Sangathan from 1998, live Chiman Singh and his wife Meera. Both of them used to migrate to Ahmedabad for six months...
More »C Rangarajan, Former chairman-PM's Economic Advisory Council speaks to Indivjal Dhasmana
-The Business Standard C Rangarajan, former head of the former Prime Minister's Economic Advisory Council, answers questions on the latest official poverty estimate by a committee he'd chaired. Edited excerpts of a talk with Indivjal Dhasmana: * Your panel has suggested these poverty lines be delinked from social welfare schemes. What would be the exercise's relevance? Is it of only academic interest? Poverty ratios have already been delinked from various social programmes. The...
More »