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Human Development to be Taken into Account in Formulating and Implementing Social Sector Programmes: Economic Survey 2013-14

-Press Information Bureau/ Ministry of Finance The Economic Survey 2013-14 presented by the Finance Minister Shri Arun Jaitely as precursor to the General Budget in the Lok Sabha today shows some interesting results of inter-state comparisons of socio-economic development of select states based on available indicators from various sources and furnish some clear policy pointers. While some states have done very well in terms of growth indicators, they are poor performers...

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Agriculture land shrinks by 2 lakh hectares in 18 yrs: Survey -Junaid Kathju

-RisingKashmir.com   Horticulture encroaching upon paddy land  Srinagar: Agriculture land has shrunk by 2 lakh hectares since 1996, economic survey reveals. The survey reports that 10 lakh hectares were under agriculture production during 1995-96 which has reduced to 8 lakh hectares in 2013. Experts said that reduction in the agriculture land has decreased its contribution to states economy also. On the other hand, the horticulture has also developed into a major sector in Jammu and Kashmir's...

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Gujarat among industrial growth laggards in FY12-Somesh Jha

-The Business Standard The state was the sixth-worst during the year, according to the Annual Survey of Industries data A set of government data released recently seems to puncture the Narendra Modi-led Gujarat government's claim that the state's industrial performance has been robust. According to the data fron the Annual Survey of Industries (ASI), the industrial growth rate for the state's organised sector slumped below one per cent in 2011-12. And, in fact,...

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Rajan panel wasn't unanimous in framing underdevelopment index

-The Business Standard Panel member questioned the choice of sub-components There is some consolation for Bharatiya Janata Party's prime ministerial candidate and Gujarat Chief Minister Narendra Modi: Not everyone in a panel headed by Reserve Bank of India Governor and former chief economic advisor Raghuram Rajan had favoured the inclusion of Gujarat in the list of less developed states. Economist and social scientist Shaibal Gupta, a member of the panel, had dissented and...

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Drought shadow on growth -Roshan Kumar

-The Telegraph Patna: Bihar's honeymoon with double digit growth appears to be headed for a rocky phase with the government today declaring 33 of the state's 38 districts as drought-hit. The agriculture and allied sectors, which contribute around one-fifth (18.91 per cent) of Bihar's gross state domestic product (GSDP), are staring at a lower growth rate for the second consecutive year. The overall growth rate of the state was a little...

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