Livelihoods News

PM Narendra Modi looks to RBI to spur economy before polls

RBI's new Guv is seen as more amenable to the govt’s wish to keep policy loose, said a senior economist.

Government is increasingly looking to the central bank to help boost a flagging economy before an election that kicks off next week. And new Governor Shaktikanta Das is turning out to be a willing partner.

Fast-changing job requirements are leading to a yawning skills gap in many parts of the world, with India being one of the hardest-hit, according to a new study released by the International Labour Organisation in collaboration with the International Organisation of Employers on Wednesday.

In India, poverty reduction among children, the poorest states, Scheduled Tribes, and Muslims was fastest, the report says.

Rahul Gandhi said that if his party came to power at the Centre, it would ensure that India’s 20 per cent poorest families would make at least Rs 12,000 every month.

NEW DELHI: Finance minister Arun Jaitley argued a case for setting up GST Council-like federal institutions to promote healthcare, rural development and agriculture sectors to allow the Centre and states to supplement each other’s efforts instead of competing.

In the 10th and concluding part of his ‘Agenda 2019’ series titled ‘Why Agriculture, Rural Development and Healthcare Require a GST Council-Type Structure?’ Jaitley urges pooling of resources to avoid overlap and duplication.

Pune: As the uncertainty about UK's exist from the European Union (EU) on March 29continues, Brexit related volatility on GBP is likely to have only short term impact on fruits and vegetable exports from India to the UK. The trade is confident that in the long term, Indian fruit and vegetable exports will stand to gain as UK accounts for the largest share of India's export to the EU.

Farmers are growing crops which can give them more income. They are becoming prosperous,” he said.

Agriculture minister Radha Mohan Singh said the government has transferred the first instalment of Rs 2,000 under the PM-KISAN scheme to over 20 million farmers across the country. He said the farming community on ground is doing much better than what data suggests.

The wheat production of India in the year 2018-19 Rabi season is likely to be 99.12 million tonnes which is slightly less than last year as per the fourth advanced estimates. The overall food grain production is also likely to fall to 281.37 million tonne, due to rainfall bringing down the output. Last year, the figures were at 284.83 million tonne.

Ramadoss, who had done a lot of grassroot work with the farmers in his constituency, said that if the right price was paid for the farmer’s produce, he wouldn’t need any sops.

The contentious issue of what we can do to help our farmers better their lot, found a lot of answers during a discussion on What we need to do to make India Incredible? at TNIE’S ThinkEdu Conclave 2019. The first panel of the day had NITI Aayog’s Amitabh Kant in conversation with PMK MP and former Union minister, Dr Anbumani Ramadoss trading ideas.

A large number of the UNSDGs focus on betterment of individual and collective human lives. They emphasise on empowering individuals and equalising the imbalances in the way our civilisations are structured. While these are important, it is also imperative to look at the impact of humankind on the natural environment that houses us. Climate change is an alarming global phenomenon, and its impact is felt on daily lives. UNSDGs have also taken this into account, and listed out goals that are essential for peaceful cohabitation with nature.

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