-The Times of India A recent report by a data consultancy owned by the Financial Times of London created a stir by estimating that India is now the most favorite destination for foreign direct investment, beating China and the USA. The fine print indicates that they are talking about "estimated capital expenditures" in greenfield, that is, new ventures. By this estimate, India attracted $31 billion compared to China's $28 billion in...
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Ramesh Chand, member of NITI Aayog and eminent agriculture economist, speaks to Sanjeeb Mukherjee
-Business Standard India’s growth in agriculture and allied activities has struggled to reach the targeted four per cent average a year in the first three years of the 12th five-year Plan because of a host of factors. The below-average farm growth is widely expected to deepen the crisis in the farm sector. In an interview with Sanjeeb Mukherjee, newly-appointed member of NITI Aayog and eminent agriculture economist Ramesh Chand said over-reliance...
More »From plate to plough: Losing the pulses -Ashok Gulati & Shweta Saini
-The Indian Express Government’s actions on the commodity reveals it is ignorant of how a market economy is run With each passing day this year, agriculture seems to be sagging and so is the Indian farmer. Deficit monsoon rains appear to be the trigger. Although rains offered some respite to Marathwada, the situation in India’s largest agri-state, Uttar Pradesh, has gone from bad to worse. Last year’s drought, with monsoon rains falling...
More »Uphill task for Skill India mission -Rukmini S
-The Hindu Just over one in 10 adults received training: survey The Modi government will have its work cut out on skill development; just over one in 10 adults reported having received any vocational training, according to new official data, and the bulk of it was informal. The National Sample Survey Office on Tuesday released data from its 2011-12 round on education and vocational training. The numbers show that among persons in the...
More »Fixing India’s farm failures
-Livemint.com India needs to invest more in developing rural infrastructure The script is familiar. After borrowing heavily for inputs such as seeds, fertilizers and pesticides, farmers in most parts of India wait for the monsoon. When the rain fails, the farmers’ agony begins. Forced migration to cities in search of manual work, distress sales of land and, in extreme cases, suicides are the way out. This kharif season has a distressingly familiar ring...
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