In a recent blog post, Columbia University professor Arvind Panagariya mentions that the critics of the present Prime Minister of India failed to underscore ‘employment rate’ -- flip side of unemployment rate -- that stood at nearly 94 percent according to the report on Periodic Labour Force Survey 2017-18. A recent article by Dr. Vikas Rawal and Prachi Bansal, however, points out that in order to understand the problem of joblessness...
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Traditional wells to be revived in desert areas to fight water crisis -Mukesh Mathrani
-Hindustan Times Barmer district collector Himanshu Gupta said traditional water bodies will be revived under MGNREGA (Mahatma Gandhi National Rural Employment Guarantee Act). Barmer: The Rajasthan government plans to revive traditional water bodies to fight drinking water crisis in drought-affected areas, officials said. In the absence of adequate monsoon rain, people have been depending on traditional water bodies in remote desert areas of western Rajasthan. Barmer district collector Himanshu Gupta said traditional water...
More »Bihar, U.P. & West Bengal are worst affected by arsenic contamination in groundwater, says recent report
The Ministry of Water Resources, River Development and Ganga Rejuvenation (MoWR, RD & GR) in its latest report has identified arsenic hotspots across the country, most notably in the states of Assam, Bihar, Gujarat, Haryana, Madhya Pradesh, Punjab, Uttar Pradesh and West Bengal. Please consult chart-3 to get an idea about the geographical spread of arsenic hotspots in India. On the basis of arsenic concentration in the range 0.01-0.05 mg per litre...
More »Growth in Agri GVA deflator saw a rising trend between 2005-06 & 2009-10, despite using different sources of back-series data
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)...
More »Rural distress is real: Negative monthly growth of real wage rates witnessed in rural areas for 9 consecutive months, starting from November 2017
Growth in rural wages not only indicates economic prosperity of the masses, it is also considered important so as to generate effective demand for goods and services, which is produced by various sectors of the economy. When money becomes available in the hands of rural workers due to government spending on programmes such as Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), it generates demand for commodities. The production of commodities...
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