-The Hindu Besides the missing informal sector, over-estimation of output growth also offers clues Are the latest employment estimates by the Central Statistics Office (CSO) factually correct? No. They are off the mark, and confined to the economy’s organised or formal sector, accounting at best for 15% of the workforce. Is there a paradox in high output growth rates and the marginal effect on employment? Probably not, if one acknowledges that GDP...
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The great Indian farm paradox -Yogendra Yadav
-The Tribune Agrarian society vs a non-agrarian economy poses a huge political challenge. JUST how many farmers are there in India? This is not merely a statistical question. This is a question of policy and political significance. We have all grown up reading about India as an agrarian economy, with a majority of its population engaged in farming. Does that continue to be the case? Or has the number of farmers declined...
More »Rural distress can't get buried in growth story -Himanshu
-Livemint.com Despite claims of an economic recovery, rural wage growth of non-agricultural labourers continued to be in negative territory for the fourth month in a row Data released by the Central Statistics Office last month suggested a recovery in economic growth during the fourth quarter of 2017-18, with the economy expanding by 7.7% compared to that in the first quarter, when growth was at its lowest at 5.7%. This has given some...
More »Nitin Gadkari: Difficult for Maharashtra farmers to abandon sugarcane crop
-Financial Express Water resources minister Nitin Gadkari said on Thursday it was practically difficult for sugarcane farmers in Maharashtra to abandon the water-guzzling crop and shift to other crops, as the latter are less remunerative. “I ask as a farmer. I will not undertake the sugarcane crop, you tell me what should I do…. The price of non-basmati rice is `13-14 per kg, which is peanuts and look at the price (escalation)...
More »These people-managed forests are setting new examples in conservation and economy -Debarati Choudhury
-GoIMonitor.com The villagers getting management rights under the Forest Rights Act can inspire others “First came the forest, followed by the people, and then the government. Does this chronology allow the newest entrant in the scheme to determine the relationship between the two older entities? In other words, does the new regime of community forest resource bequeath rights or is it merely a recognition of unalienable rights already vested in the communities living...
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