Livelihoods News

Chief Economic Adviser Arvind Subramanian today said India's steady growth has resulted in a consistent decline in poverty and improvement in several human development indices, including reduction in the infant mortality rate (IMR).

Delivering a lecture on 'India's Precocious Growth Model and Its Future', organised by MCR HRD Institute of Telangana, he said income levels increased significantly across the country in the last three decades, even though the regional disparities continue, an official release said.

Deputy Executive Director of United Nation's Children Fund Justin Forsyth while interacting with reporters here this evening also asserted that India can actually address the issues involved and become a "model for development" for the rest of the world.

has made an "impressive" progress on the metrics of child development in the last decade, but there is a section of children who have been "left out" due to inequality or lack of access to resources, a top UNICEF official said.

The Union cabinet has approved constitution of the Fifteenth Finance Commission that will decide the formula for sharing of taxes between the Centre and states for five years starting April 1, 2020.

The names of members and the terms of reference (ToR) of the commission will be announced later, the government said in a notice on Wednesday.

The Global Entrepreneurship Summit 2017 being hosted by India along with the US is a testament to the “strong friendship” between the two countries, US President Donald Trump’s daughter and adviser Ivanka Trump said today.

Nagpur: The government is planning an organic revolution for the country, and the ICAR-National Bureau of Soil Survey and Land Use Planning (NBSS&LUP) has come to its aid by identifying areas holding high potential for the same.

After completing scientific research that started in 2011, the bureau along with ICAR-Indian Institute of Soil Science, Bhopal, and Food and Agricultural Organisation (FAO) has prepared a geo-spatial digital map showing organic carbon stock in the soils of all states.

Global ratings agency Moody's on Friday revised the country's sovereign ranking to Baa2 from Baa3 - its first upgrade in almost 14 years — citing implementation of a string of economic reforms, including demonetisation and rollout of the goods and services tax. The new rating, India's highest since the 1991 reforms, comes as a huge boost for the government.

The action looks beyond the present slowdown in economic growth and a surge in bank bad loans, and bets on India's medium- and longterm growth potential.

In order to ensure that the benefits of revised lower Goods and Services Tax (GST) rates reach to the consumers, the Union Cabinet on Thursday approved setting up of the anti-profiteering authority, comprising Chairman and four technical members, under the new indirect tax regime. The move comes a day after the Government notified substantial reduction in GST rates on over 200 items following a decision of GST Council at its 23rd meeting at Guwahati.

Reiterating the government’s resolve of according a high priority to food security, Chief Minister N Chandrababu Naidu on Wednesday said that many initiatives had been undertaken to improve the organic farming in the State.

The focus of the country’s economic reforms and policies is to eliminate poverty and enhance the prosperity of millions of ordinary families, said President Ram Nath Kovind while inaugurating the 37th India International Trade Fair (IITF)-2017.

Four agreements were signed between the two countries, which covered areas of defence, agriculture, small and medium enterprises and tie-up between think-tanks.

Philippines President Rodrigo Duterte on Monday expressed his desire to enhance “defence cooperation” with India, as he met Prime Minister Narendra Modi and the two sides signed a defence cooperation agreement. He was accompanied by five Cabinet-rank ministers from the Philippines side.