-Business Standard Farmers face challenges to bring area under organic farming; organic food, however, may not be adequate to feed the growing population Organic food market in India is likely to treble in four years despite several challenges faced by farmers to bring additional area under natural farming. Currently estimated at $0.50 billion, the organic food market in India is estimated to jump to $1.36 billion by 2020, a study jointly conducted by...
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47 per cent of Indian women still marry before 18, says new Lancet Report on adolescent health -Kundan Pandey
-Down to Earth It also says that the rate of rural Indian girls marrying before 18 years is twice that of their urban counterparts Child marriage is still common in India, with most Indian adolescents getting married before the age of 18, the latest report by prestigious medical journal The Lancet has revealed. The report, prepared by a Lancet “commission” made up of 30 experts from 14 countries, was released on May 11. The...
More »Job growth at a snail’s pace -Santosh Mehrotra
-The Hindu For jobs to grow, consumer demand has to improve consistently. This can only happen with an industrial policy, which India has not had since 1991 There will be no demographic dividend without growth in industrial and service sector jobs. The underlying logic behind a dividend is that as jobs grow, incomes rise and so do savings. Based on higher savings, the investment rate to GDP grows, resulting in faster GDP...
More »Water shortage could cost some regions 6% of GDP: World Bank -Mayank Aggarwal
-Livemint.com World Bank report says combined effects of growing populations, rising incomes and expanding cities will see demand for water rising exponentially, while supply becomes more erratic and uncertain New Delhi: Water scarcity, exacerbated by climate change, could cost some regions up to 6% of their gross domestic product (GDP), spur migration and spark conflict, said a report released by the World Bank on Tuesday. The report, High and dry: Climate change, water...
More »The indirect benefits transfer -Jayati Ghosh
-The Hindu India’s record in collecting taxes has been pathetic, and it is getting worse. The declining rates of direct taxation are an indication of the political choices of the government We now have a peculiar combination in the economic policy of India: a declared attempt at fiscal consolidation, combined with a reluctance to do what it takes to raise tax revenues. This unfortunate juxtaposition has meant a squeeze on Central government...
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