-Scroll.in JNU professor Himanshu says the economic slowdown is not the result of a one-off event like demonetisation, the slump began almost two years ago. The economy is in a trough. The first quarter of 2017-2018 saw the growth of gross domestic product (the total value of all goods and services produced in a country in a year) drop to 5.7% from 7.9% in the corresponding period last year – the...
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Pulses farmers' profit falls sharply in 2016-17 due to adverse govt policies, record harvest: CRISIL -Sayantan Bera
-Livemint.com Average profit margin of farmers on all pulse varieties except gram (chickpeas) fell by 30% in 2016-17 year-on-year due to a record harvest and adverse government policies, said the CRISIL report New Delhi: The profitability of poor farmers in India who are dependent on rain-fed irrigation and grow pulses fell sharply during 2016-17 due to a record harvest and adverse government policies, said a report released on Monday. Average profit margin of...
More »After Sikkim, organic farming to get a push in other Hill States
-The Hindu Business Line As a part of the government’s push, States adjoining the Himalayan range will be encouraged to go completely organic Ahmedabad: Parshottam Rupala, the Union Minister of State for Agriculture & Farmers Welfare, informed that the government is increasingly focusing on organic farming to boost production of nutritionally rich agri produce. As a part of the government’s push, States adjoining the Himalayan range will be encouraged to go all organic,...
More »Economic growth likely to be consumption-led
-The Hindu Business Line Strengthening of global demand will support domestic economy: RBI Kolkata: The Reserve Bank of India, in its Annual Report 2016-17, has said strengthening external demand will help support the economy, even while favourable domestic conditions are expected to quicken the pace of overall economic activity during the year. Global growth is gaining traction in 2017-18, with the recovery driven primarily by a cyclical upturn in investment, manufacturing and trade,...
More »South-west monsoon deficit could worsen farm distress -Sayantan Bera
-Livemint.com Rainfall in the entire country in August has seen a deficit of 23% so far, according to IMD data New Delhi: A patch of red signifying deficit rains, cutting across the length of India from Haryana in the north to Kerala in the south, is threatening to worsen farm distress, shows rainfall data from the India Meteorological Department (IMD). The June to September south-west monsoon which irrigates over half of India’s crop...
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