The year-on-year (y-o-y) Growth Rate in Agri Gross Value Added (GVA) deflator (an alternative measure of inflation) shows a rising trend between 2005-06 and 2009-10. In other words, price rise pertaining to the agrarian sector accelerated during the period under discussion. This particular trend has been observed irrespective of whether one uses the GVA/GDP back-series data (Base 2011-12=100) that was computed by the National Institution for Transforming India Aayog (NITI Aayog)...
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For a malnutrition-free India -Shoba Suri
-The Hindu Effective monitoring and implementation of programmes are required for the country to achieve its goal by 2022 In this election season, it is important to keep promises made not just to voters, but also those made to improve the lives of children, the future of the nation. Despite programme commitments since 1975, such as creating Integrated Child Development Services and national coverage of the mid-day meal scheme, India continues to...
More »Public sector banks' long-term strategy on Jan Dhan begins to pay off -TCA Sharad Raghavan
-The Hindu Total deposits in the last three years have grown by over 2.5 times to Rs. 98,400 cr. Public sector banks stand to earn as much as Rs.5,000 crore due to the increasing quantum of deposits placed in Jan Dhan accounts, and can vastly monetise this resource once they start implementing advanced analytics and begin lending to these customers, according to industry players and analysts. Over the last three years, the number...
More »Will India become a big importer of food? -Ashok Gulati
-The Hindu Business Line It could, if agri policies fail to incentivise farmers more. The demand for food is expected to spike in the coming years India is, today, a country of about 1.35 billion people. United Nations’ population projections of 2017 say that India is likely to surpass China’s population by 2024 and reach 1.5 billion by 2030, making it the most populous nation on the planet. About two-thirds of Indians are...
More »Squeeze on jobs -TK Rajalakshmi
-Frontline.in The Oxfam India report on employment says jobs remain a huge challenge in India where half of the workforce depends on agriculturefor livelihood. Employment, or the lack of it, has emerged as one of the most contentious issues in the general election this year. Most surveys show that the single biggest concern preoccupying the electorate, especially the youth, is unemployment. The very fact that the government introduced a quota for the...
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