-The Indian Express GDP growth rates for pre-2011-12 years, making it impossible to compare the new growth data with the growth during the UPA years. New Delhi: From a new gross domestic product (GDP) series to a revised Index of Industrial Production and inflation indices, alongside fresh interventions including payroll reporting based on EPFO data, statistical measurement tools to gauge economic development underwent some change over the past four years. In the...
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Cities feel peasant strike pinch -Pheroze L Vincent
-The Telegraph New Delhi: Prices of farm produce remained high and stocks of vegetables and milk precarious in cities across northern and central India as the ongoing farMers' strike across several states entered its fourth day. The June 1-10 boycott of wholesale markets - called "Gaon Bandh" or "Kisan Avkaash" - has been called by 172 farMer organisations in eight states to demand minimum support prices at one-and-a-half times the cost of...
More »A farMer death, and the story of a Baghpat mill -Sourav Roy Barman
-The Indian Express While mills are required, by law, to pay the SAP amount within 14 days of cane purchase, the Malakpur factory has till date disbursed a Mere Rs 32 crore. That amounts to less than 7 per cent of what is due to its 34,000-odd farMers. Baghpat (U.P.): On the road to the sugar mill in Malakpur, the number of flies first multiply, then quadruply. It’s late May and the...
More »A new problem of plenty: Protein excess -Parthasarathi Biswas
-The Indian Express Government godowns are, for the first time, bursting at the seams with pulses on record procurement Pune: When in mid-December, Anand Pawar decided to register the standing tur (pigeon-pea) on 10 out of his 50-acre holding with the Maharashtra State Cooperative Marketing Federation’s purchase centre at Latur, he was quite hopeful of realising the government’s minimum support price (MSP) of Rs 5,450 per quintal for the soon-to-be-harvested crop. At...
More »Rural wage growth lowest in 3 years -Manas Chakravarty
-Livemint.com There isn’t any big base effect at work here, so the fall in wage growth is the result either of less demand for rural labour or more supply. Either way, it points to rural distress If economic growth is picking up, as all experts agree, why is growth in rural wages faltering? The accompanying chart shows that growth in rural wages for men, taken as the simple average wage rate for...
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