-The Hindu In contrast to its pronouncements, the government’s own data suggest the economy is in a deep hole Prime Minister Narendra Modi, in his Independence Day address, spoke triumphantly about how demonetisation drove ?3 lakh crore of unaccounted money into the banking system. The Reserve Bank of India (RBI) is still counting old notes, and unaccounted money cases are ongoing. Thus, this number is at best a guesstimate, and cannot be...

-The Hindu Fifty years since the Green Revolution, the architect of the reform highlights the crisis facing Indian agriculture today It is 11 years since agronomist M.S. Swaminathan handed over his recommendations for improving the state of agriculture in India to the former United Progressive Alliance government, at the height of the Vidarbha farmer suicides crisis, but they are still to be implemented. To address the agrarian crisis and farmers’ unrest across...

-Business Standard EU commission is dissatisfied both with non-compliance and lack of progress by Indian authorities Bhubaneswar: Indian seafood exports may come under inspection in the European Union (EU), the third-largest market of India, because antibiotics are being frequently found in them. Speculation among UK importers is rife that the EU is considering a ban on aquaculture products from India though there is nothing to support this. In 2016-17, the European Union accounted for...

-The Times of India blog A reply by Water Resources minister Uma Bharti  to a Lok Sabha question on groundwater depletion foregrounds tough trade-offs facing India’s policymakers. According to Bharti, an assessment of groundwater resources and usage showed that 16% of 6,584 assessment units in India are “overexploited.” A table which accompanies her reply provides state-wise data. Here, Punjab stands out for the magnitude of overexploitation. If 16% of assessed units in India...

-Business Standard/ India Spend 52% of India's agricultural households are indebted; with an average outstanding loan of Rs 47,000 India’s foodgrain production rose five times over six decades, according to 2016 government data, the latest available. But with the average Indian farm half as large as it used to be 50 years ago and yields among the lowest in developing economies, both the agriculture sector and farmers have been driven to the...