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Fact Check: India's growth did slump to 5.7%, but not due to 'technical reasons' as Amit Shah claims -Mayank Jain

-Scroll.in BJP chief’s claim that growth rate declined due to change in the methodology doesn’t hold much water. Data released on August 31 marked the sixth straight quarter of slowing growth for the Indian economy as the gross domestic product growth rate slipped to 5.7% in the first quarter of the current financial year. It was a sharp decline from 7.9% growth seen in the same quarter last year. Attempting to explain the...

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Farmers' suicides in Punjab: Looking beyond indebtedness -Sher Singh Sangwan

-The Times of India Punjab, the leader of green revolution during the '70s, has become disreputable for farmers' suicides in last two decade or so. Usually, these suicides are attributed to farmers' indebtedness to banks and commission agents. However, it is to be noted that bank credit has played a pivotal role in investment into tubewells, tractors, farm mechanization, horticulture, dairy, poultry and forestry all over India, and especially in Punjab and...

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Direct selling, adivasi style -Chitrangada Choudhury

-The Hindu Business Line At an organic market in Odisha, middle-class consumers get to interact with the producers of their food and appreciate traditional knowledge systems One Sunday morning in January, I visited an organic produce market located amidst dense bougainvillea creepers and rows of trees, on the grounds of the six-decade-old Christian Hospital in Bissamcuttack, a town in western Odisha’s Rayagada district. In policy and public imagination, Odisha, particularly its western districts...

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South-west monsoon deficit could worsen farm distress -Sayantan Bera

-Livemint.com Rainfall in the entire country in August has seen a deficit of 23% so far, according to IMD data New Delhi: A patch of red signifying deficit rains, cutting across the length of India from Haryana in the north to Kerala in the south, is threatening to worsen farm distress, shows rainfall data from the India Meteorological Department (IMD). The June to September south-west monsoon which irrigates over half of India’s crop...

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That sinking feeling -MV Rajeev Gowda & Salman Soz

-The Hindu In contrast to its pronouncements, the government’s own data suggest the economy is in a deep hole Prime Minister Narendra Modi, in his Independence Day address, spoke triumphantly about how demonetisation drove ?3 lakh crore of unaccounted money into the banking system. The Reserve Bank of India (RBI) is still counting old notes, and unaccounted money cases are ongoing. Thus, this number is at best a guesstimate, and cannot be...

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