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The middle income trap that India must avert

-Livemint.com A top economic adviser has flagged the risk of stagnation that lack of inclusive growth could cause. We must reduce inequality and help everyone achieve upward mobility The warning by Rathin Roy, a member of an economic panel advising Prime Minister Narendra Modi, that India could be headed for a “structural crisis" has sparked a debate on whether the economy’s days of high single-digit growth rates are a thing of the...

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Could the single engine driving India crash? Yes, if you go by one of Modi's top guys

-The Economic Times At a time when the shadow of a slowdown lengthens but the government steadfastly downplays any such concern, here comes a cracker of an observation from one of India's most celebrated economists who also happens to be a vital cog in Modi's policy team. In an interview to NDTV, Rathin Roy, member of the Prime Minister's Economic Advisory Council (PMEAC) and Director of National Institute of Public Finance &...

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Mumbaikars can now drink water straight from tap: BMC -Clara Lewis

-The Times of India MUMBAI: Mumbaikars can now drink water straight from the tap, Brihanmumbai Municipal Corporation’s (BMC’s) hydraulic engineer Ashok Tawadia said. According to BMC, an average 0.7% of water samples collected daily across Mumbai between April 2018 and March 2019 tested positive for Coliform bacteria, a group of microorganisms present in water bodies that indicate water may not be fit for drinking. This is far better than the WHO...

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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)...

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Towards an organic future -Devinder Sharma

-The Tribune The transition to sustainable, chemical-free farming is imperative At a time when global temperatures are soaring, a study by a French think tank — Sustainable Development and International Relations (IDDRI) — has shown that agro-ecological farming has the potential to reduce greenhouse gas emissions in Europe by 47% and thereby keep the global temperature rise below 2°C. The study comes at a time when the UN's Food and Agricultural Organisation...

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