-Livemint.com Fiscal 2017 marks the fifth straight year when production of horticulture crop surpassed that of foodgrains New delhi: Latest numbers from the agriculture ministry released on Tuesday showed that production of horticulture crops like fruits and vegetables touched a record high of 295 million tonnes in 2016-17. Apart from being higher than foodgrain production estimated at 273 million tonnes during this period—another record i.e. 2016-17 marks the fifth straight year when...
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Farm provides growth impetus
-The Telegraph New delhi: A robust farm growth of 5.2 per cent in the March quarter pushed GDP growth up to 7.1 per cent. However, growth in the sector was lower than the previous quarter's expansion of 6.9 per cent. Farm growth for the full fiscal zoomed to 4.9 per cent because of good rainfall and record food-grain production compared with a near flat 0.7 per cent expansion in 2015-16. "The third...
More »DeMolished India's top rank -Jayanta Roy Chowdhury and R Suryamurthy
-The Telegraph New delhi: India is no longer the fastest-growing major economy in the world: it has lost its bragging rights to China. The Central Statistics Office (CSO) today put out its provisional estimates on national income that showed real GDP growth had tumbled to 6.1 per cent in the fourth quarter (January-March). That is considerably slower than the 6.9 per cent growth that the resurgent Chinese economy racked up during the same...
More »New threat: city heat -GS Mudur
-The Telegraph New delhi: Heat trapped by tarred roads and dense clusters of buildings may have added nearly 2 degrees to temperatures in the world's most populated cities, including Calcutta, delhi and Mumbai, over and above the effects of global warming, researchers said today. Their study, described as the first to quantify the combined impacts of global warming and the "urban heat island effect", suggests that the overheated cities will face double...
More »Why India's growing religiosity is an economic challenge -Pramit Bhattacharya
-Livemint.com Growing religiosity may boost the tourism sector but may hurt the overall economy Over the past decade, the proportion of religious people has either declined or stagnated in most countries. India seems to have been an exception, according to data from the World Values Survey (WVS), the largest global repository of data on attitudes and beliefs of individuals across the world. More than 90% of Indian respondents said religion was either ‘very...
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