-The Business Standard Changing aspirations and strong rural demand could explain why core inflation may not decline fast enough Recently, the Reserve Bank of India governor exuded confidence that the Indian economy will do fairly better in the current fiscal. While it is difficult to envisage a significant turnaround, we believe interpreting the recent inflation uptick may be the key to such optimism. We also think that inflation (both wholesale and retail)...

-The Business Standard A third of Indians migrate, but government ignores them A recent UNESCO report reveals how widely prevalent migration within India has become, and has once again revived the apparently endless debate on whether this trend should be curbed or encouraged. Under the United Progressive Alliance government, internal migration has been seen as a sign of distress rather than of aspiration, and thus there have been various bids to control...

-Reuters NEW DELHI/MUMBAI: India looks set for bumper harvests of winter crops such as wheat, chickpeas and rapeseed in the wake of a strong monsoon that has left the soil moist and topped up reservoirs. The crops will follow bountiful summer harvests of rice and soybeans due to the rains, with New Delhi looking to boost agricultural growth to cool double-digit food inflation and revive a slowing economy as manufacturing struggles. With next...

-Down to Earth People prefer to eat less nutritious food than go hungry, says FAO GLOBAL CHRONIC hunger has declined significantly despite sharp increases in the prices of primary food products since 2008. Price hikes have limited effect on consumers, states Food and Agriculture Organization (FAO), in the report, The State of Food Insecurity in the World. According to FAO, chronic hunger is when a person does not regularly get enough food to...

-The Business Standard Contrary to earlier claims, farm growth may be robust The projection by the Commission for Agricultural Costs and Prices (CACP) of robust agricultural growth of above five per cent and a consequential handsome rise in rural incomes comes as a silver lining to India's otherwise gloomy economic scene. The CACP's reckoning, based on a rigorous mathematical model, virtually discounts the agriculture ministry's kharif crop output estimates (called first advance...