-MoneyControl.com When agriculture’s GVA growth climbed from -0.2% in 2014-15, to 0.7% in 2015-16, everyone expected agriculture to continue doing well. This was confirmed by this growth rate further rising to 4.9% in 2016-17. But what happened now? So it is finally official. The fears that most people had kept suppressed – about India witnessing an economic slowdown – have been realised. The Central Statistical Office (CSO) came out last week with...
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Shaktikanta Das, the former secretary of the Department of Economic Affairs, interviewed by Richa Mishra (The Hindu Business Line)
-The Hindu Business Line Who would know better than Shaktikanta Das, the former secretary of the Department of Economic Affairs, the ‘Good, Bad, and Ugly’ side of demonetisation and GST, the two factors that disrupted the balance sheets of not only the government and corporates but also that of the common man. Das would like to call it “positive disruption” as he believes that the turbulence caused was short-term, and that...
More »Marketing indigenous drinks: Spirits of the world unite -Rahul Srivastava & Matias Echanove
-The Hindu Can sparkling Mahua replace Champagne and Proseco as the drinks of choice in the new year? One of the most valuable characteristics of economic life in Europe is the tremendous importance it gives to local resources, skills and spaces, whether through need or intent. Geographical labels for specific products, especially wines and spirits, significantly contribute to local economies. Every French or Italian region has at least a few products from the...
More »Seed body faults Monsanto for bollworm resistance -KV Kurmanath
-The Hindu Business Line Asks firm to own up responsibility; threatens to stop selling seeds Hyderabad: The National Seed Association of India, which represents the majority of the cotton seed companies in the country, has blamed Mahyco Monsanto and Monsanto India for widespread resistance developed by pink bollworm to Bollgard-II, the second-generation genetically modified cotton seed technology. The association has threatened to stop selling the seeds developed with BG-II technology if the two...
More »Expect a Budget for angry Bharat -TV Jayan and Rutam Vora
-The Hindu Business Line Falling farm prices, drying up of industrial jobs and lesser MGNREGA work have sharpened rural discontent. The Budget cannot ignore these factors in a year of 8 State polls The year 2017 was roiled by rural discontent. After two consecutive drought years (2014-15 and 2015-16), when agriculture growth plummeted (see table), the countryside was awash with hope after a good monsoon in 2016-17. However, record foodgrain output (272 million...
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