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Getting back on the growth track -C Rangarajan

-The Hindu A big push on private investment is needed. But social harmony is also a prerequisite for faster growth The National Income numbers for 2016-17 have been released. What do they convey? What do they hold for the immediate future? Briefly, this is the picture. Recent revisions in the Index of Industrial Production and Wholesale Price Index do not alter the annual growth rates for the recent years. The differences are in...

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Social impact of demonetisation may have been greater: World Bank

-The Hindu Greater data availability, especially on labour markets, needed to better gauge social impact of such policies The World Bank has said the social impact of demonetisation may have been greater as the informal economy was likely to have been hit especially hard. However, the Bank said the impact of demonetisation on the informal economy was difficult to measure and greater data availability, especially on labour markets, is needed to...

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Hazards of relying on labour bureau's employment data to evaluate job creation -Roshan Kishore

-Livemint.com A detailed look at Labour Bureau’s Quarterly Employment Survey (QES) methodology and design suggests that one shouldn’t read too much in these numbers New Delhi: Opposition parties and many commentators have been citing the Labour Bureau’s Quarterly Employment Survey (QES) numbers to attack the government over failure to generate employment). How credible are such claims? A detailed look at QES methodology and design suggests that one shouldn’t read too much in...

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Parched in Tamil Nadu's rice bowl -Avik Saha & Yogendra Yadav

-The Hindu Business Line In the Cauvery delta’s worst drought in 140 years, a padyatra brings home the harsh realities of how Tamil farmers are living on the edge and what sustains their resilience A farmer sells his sugar cane to the local public sector sugar mill, where he is mandated to sell his crop. Instead of paying, the factory hands him a slip of paper. Eighteen months pass by and he...

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Deepak Pental, innovator of the transgenic mustard variety, interviewed by Sayantan Bera (Livemint.com)

-Livemint.com All our solutions in agriculture, besides management issues, are going to come from science and technology, says Deepak Pental, innovator of GM mustard Last week, the environment ministry’s regulator, the Genetic Engineering Appraisal Committee (GEAC), cleared the commercial release of genetically modified (GM) mustard, leaving it to the government to take a final call. If approved, it will be India’s first food crop developed using transgenic technology, 15 years after Bt...

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