Non-farm productivity rises 1.8 percent
US non-farm productivity, measured as hourly output per worker, rose at a 1.8 percent pace in the preliminary fourth quarter data, news that may help comfort a Federal Reserve that has shifted its focus away from inflation to slash interest rates in recent weeks to curb slowing growth.
``A growth of 4.5 percent in farm sector is enough to meet India's food requirements, but we need to increase productivity, thereby increasing farmers' profitability. More and more technological intervention is required,'' said Ahluwalia.