-Business Standard There is a widespread panic among farmers, who were preparing for the next Rabi season New Delhi: There is a widespread panic among farmers, who had recently harvested their paddy crop, and were preparing for the next Rabi season. They fear that in the absence of new currency notes they will miss out on the crucial sowing time. This is most crucial time for a farmer when he not only...
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Hunger and hard facts -TK Rajalakshmi
-Frontline.in In the latest Global Hunger Index, India is bracketed in the category of countries where hunger levels are “serious”. But the policy responses on hunger and malnutrition in the country have been inadequate and faulty. In the second week of October, a few media reports in India highlighted significant data pertaining to global hunger. The International Food Policy Research Institute (IFPRI) had released its Global Hunger Index (GHI), rating 118...
More »Govt hopes 4% growth in agri sector
-The Hindu Business Line Hyderabad: The Centre is hoping to achieve a growth rate of 8 per cent in the economy and 4 per cent in the agriculture sector this year. “We are growing at the rate of 7 per cent and this year we hope our agriculture growth will be more than 4 per cent,” Arjun Meghwal, Union Minister of State for Finance and Corporate Affairs, has said. Addressing the valedictory...
More »How's the economy really doing? -TCA Sharad Raghavan
-The Hindu There are multiple ways to arrive at an answer, but each metric points in a different direction. If someone asks you how the Indian economy is doing, how would you answer? Would you say that the Gross Domestic Product and Gross Value Added (GVA) are both above 7 per cent, and so the economy is growing strongly? Or would you say that the Index of Industrial Production (IIP) has contracted for two straight...
More »Indirect tax collections up 26% in 1st half
-PTI Collections of indirect taxes during the first half of the current financial year grew by 25.9 per cent to Rs 4.08 lakh crore, mainly on account of a 46 per cent jump in excise duty collections. The net indirect-tax collection in the April-September period is 52.5 per cent of the Budget 2016-17 estimates. The finance ministry said net collections of central excise jumped 46.3 per cent to Rs 1.83 lakh crore during...
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