-The Hindu Business Line Total area down 11.5 per cent; coarse cereals, oilseeds planting drops 20% With the south-west monsoon being seven per cent below normal till Friday, sowing of kharif crops continues to be affected. Data provided by the Ministry of Agriculture and Farmerss Welfare show that sowing lost its momentum further in terms of percentage. Data showed that a total of 612 lakh hectares (lh) had been covered till date compared...
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Growth matters but income levels matter more -M Suresh Babu
-The Hindu India needs a sharp revival of demand for which higher per capita incomes are necessary The provisional estimates of annual national income (2020-21), released on May 31 by the National Statistical Office, did not have any surprises, but for one, that is, there is nothing encouraging in the numbers. The agriculture sector continued its impressive growth performance, reiterating that it still remains as the vital sector of the economy, especially at...
More »‘One in three couldn’t afford food year-round in 2020’ -Richard Mahapatra
-Down to Earth Pandemic-induced poverty and rise in food prices keep healthy diet out of reach of three billion people Good food or just food? “Our choice is always the latter. We need to survive.” Sukru Ojha, the 56-year-old resident of Koraput, Odisha told Down To Earth in April in reply to a query on whether the novel coronavirus disease (COVID-19) pandemic-induced income loss impacted his food intake. Koraput is one of...
More »Inflation remains above 6% for second month
-The Hindu Growth impulses remained fragile, manufacturing output tanked 9.5% After touching a six-month high in May, India’s retail inflation was virtually unchanged in June at about 6.3%, remaining out of the central bank’s comfort zone for a second month in a row. Economists expect the Reserve Bank of India (RBI) to revisit its inflation estimate of 5.1% for 2021-22 and stressed that lack of fiscal policy action to cool prices could precipitate...
More »Six-fold increase in people suffering famine-like conditions since pandemic began
-Press release by Oxfam dated 9th July, 2021 11 people are likely dying every minute from hunger, now outpacing COVID-19 fatalities, warns Oxfam A new Oxfam report today says that as many as 11 people are likely dying of hunger and malnutrition each minute. This is more than the current global death rate of COVID-19, which is around seven people per minute. The report, ‘The Hunger Virus Multiplies’ says that conflict remains the...
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