-Business Today Priyanka Kishore, Lead Asia Economist at Oxford Economics tells Business Today why India's GDP may well not be 7 per cent. Excerpts from an interview. * What were the reasons that prompted you to relook at India's growth numbers? India announced a revamped GDP series in early 2015, based on the requirements of the 2008 System of National Accounts (SNA). The new method made substantial changes to both the estimation and...
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Paradox of plenty -Neelkanth Mishra
-The Indian Express Farm incomes may not revive despite good monsoon. There are new challenges for policymakers. India’s per capita calorie demand has been falling for at least the last 30 years. Most people do a double-take when they hear that. One can’t debate the fact much: National Sample Surveys every five to seven years have documented this. What we can debate are the reasons behind this: In their 2009 paper Angus...
More »Kharif crop: Agri experts tell Punjab farmers not to worry -Surjit Singh
-Hindustan Times Amritsar: Even as northern states, including Punjab, have witnessed better rainfall this season as compared to previous years, farmers are worried about the yield of their kharif crops. The agriculture department officials say in comparison to previous years, the amount of rainfall was better this monsoon. Also, there was enough sunshine as required by the crop, another positive sign promising a good yield. “Around 20% more rainfall has been recorded...
More »Retail inflation might not fall much in kharif season -Sanjeeb Mukherjee & Indivjal Dhasmana
-Business Standard Recent trends indicate any such moderation would not be across the board or without riders: Experts New Delhi: Contrary to some perceptions, consumer price index (CPI)-based inflation might not ease sharply after kharif crops arrive in the markets. On the other hand, wholesale price index (WPI)-based inflation could see a rise, due to an increase in prices of commodities and metals. CPI inflation rose to 6.07 per cent in July, highest since...
More »Don't probe corrupt officials without govt nod, says parliamentary panel -Aloke Tikku
-Hindustan Times New Delhi: Taking action against corrupt officials could soon get harder. A parliamentary panel has backed a move to bar anti-graft agencies from probing bribery allegations against public servants without the government’s approval. The government can take up to four months to decide if the police should register the bribery case, and there will be no penalty if it takes longer. However, its sanction would not be required if the official...
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