-Outlook The country has achieved a record pulses production of 18.45 million tonnes (MT) in the 2012-13 crop year ended June, while foodgrain output fell by 1.5 per cent to 255.36 MT due to drought in some states last year. The Agriculture Ministry today released the Fourth Advance Estimates of foodgrain production for 2012-13. Pulses output has been revised upward to record 18.45 MT in 2012-13 as compared with 18 MT in the...
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It’s official: Indian economy slowed to a 10-year low of 5% in 2012-13
-The Times of India The Indian economy grew at its slowest pace in a decade in 2012-13, posing another fresh challenge for the UPA coalition to revive growth and boost sentiment ahead of the general elections next year. Data released by the Central Statistical Organization (CSO) on Friday showed that the economy grew 5% in 2012-13, compared to 6.2% expansion in the previous year. It was in line with the advanced...
More »Is malnutrition in India a myth? -Pramit Bhattacharya
-Live Mint Some commentators dismiss the seriousness of India's nutritional crisis as it fails to account for genetic differences With one in two children malnourished in India, child malnutrition is considered to be among the biggest challenges facing the country. But are these figures highly exaggerated? The answer is a resounding yes, according to Columbia University economist Arvind Panagariya, who believes that the international standards used to measure nutritional attainments of...
More »For a universal old-age pension plan-Prabhat Patnaik
With the elderly likely to constitute a quarter of India's population by 2050, there is need for a publicly-funded, universal scheme that will overcome destitution among the aged India's social security system is woefully inadequate, when compared even to those in third world economies with no higher per capita incomes. Some States in India have fairly comprehensive social security schemes — notably Kerala, also West Bengal and Tamil Nadu — but...
More »Government projects record food output by Ruchira Singh
India is likely to see record foodgrain production in the current year on good rains, the second advance estimate of the agriculture ministry showed on Friday. Output of total foodgrains comprising rice, wheat, coarse cereals and pulses was seen at 250.42 million tonnes (mt) in the July-June crop year of 2011-12, up 2.3% from the year-ago 244.78 mt, the data showed. This is significant as the optimistic projection comes just ahead of...
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