Paul A. Samuelson, the first American Nobel laureate in economics and the foremost academic economist of the 20th century, died Sunday at his home in Belmont, Mass. He was 94. His death was announced by the Massachusetts Institute of Technology, which Samuelson helped build into one of the world’s great centres of graduate education in economics. In receiving the Nobel Prize in 1970, Samuelson was credited with transforming his discipline from...

KEY TRENDS    • The proportion of households which completed 100 days of wage employment under MGNREGA in total households that worked was 6.02 percent in 2014-15, 10.07 percent in 2015-16, 7.79 percent in 2016-17 and 5.78 percent in 2017-18 @$ • Completed works as a proportion of total works was 30.15 percent in 2014-15, 29.39 percent in 2015-16, 40.27 percent in 2016-17, 32.01 percent in 2017-18 and 3.3 percent in 2018-19 (as on 7th May, 2018) @$   • In...

**page** [inside]KEY TRENDS of the Union Budget 2023-24[/inside] Budget 2023-24 is the last full budget before the general election scheduled for 2024. An analysis of the budget allocations suggests that the union government has squeezed expenditure, particularly on food subsidy and the NREGA budget, while boosting Capital expenditure and giving the middle class tax benefits. Social sector activists working on Right to Food, the National Rural Employment Guarantee Act (NREGA) came out with...

KEY TRENDS    • Extreme temperature shocks reduce farmer incomes by 4.3 percent and 4.1 percent during kharif and rabi respectively, whereas extreme rainfall shocks reduce incomes by 13.7 percent and 5.5 percent *&    • It is estimated that to cover 50 percent (5 million ha) of the total acreage under rice-wheat cropping system (RWCS) in India, about 60000 Turbo Happy Seeders and 30000 super SMS fitted combines will be required; at present, there are only about 3000...