New Year Prospects for India's Economy The new fiscal year in India has begun, which means there are new goals for the country's economy. India's economic growth in 2012/13 was slow; at best it was 5.2-5.5 percent. Targeted growth in India's 12th Five-Year Plan (2012-17) is 8 percent. To reach that level, India must grow more than 9 percent for at least two to three years. The budget presented in February projected growth in 2013/14 to be 6.5 percent. To stay on track, growth in 2014/15 must be 7 percent or higher and growth in 2015/16-2016/17 must be close to 9 percent.One major problem for India at present is the current account deficit (CAD), which was high at 6.7 percent of GDP during the third quarter FY 2012/13. Some of the CAD has...
A microlith is a small stone tool usually made of flint or chert and typically several centimeters in length and half a centimetre wide. They were made by humans from at least the Upper Paleolithic, across Africa, Europe, Asia and Australia. The microliths were used in spear points and arrowhea...
An Ankylosaurus lumbers along the shore of what’s now eastern Montana. Walking low to the ground, the dino uses its flat, leaf-shaped teeth to tear at ferns lining the water. Suddenly, a shadow looms over the herbivore—a Tyrannosaurus rex is hungry. But Ankylosaurus won’t be a...
The magpie goose (Anseranas semipalmata) is the sole living representative species of the family Anseranatidae. This waterbird is found in northern Australia and southern New Guinea.[2] The species is not truly migratory but it sometimes travels large distances to find food and water, especiall...
The common ostrich (Struthio camelus), or simply ostrich, is a species of flightless bird native to certain areas of Africa (and historically, Arabia) and is the largest living species of bird. The common ostrich is one of two extant species of ostriches, the only living members of the genus St...
From WPI Consulting
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.