-The Financial Express The one irrefutable lesson from MGNREGA, is that once introduced, there will be no going back India is one of the most unequal countries in the world. In terms of Gini coefficient, i.e., measure of income inequity, India ranks a dismal 135 out of 187 countries. This means that most of the prosperity that an increasingly economically liberalised India is seeing, belongs primarily to the top-income percentiles. One in...

-The Hindu Business Line Prices have started to fall already; the State agencies have to ramp-up procurement at least this year Wheat farmers in Uttar Pradesh are a worried lot. Procurement of the foodgrain by government agencies in the State is meagre and a likely bumper harvest this year is stoking fears of a further slide in prices. UP contributes almost a third to the country’s total wheat production, with an annual output...

-The Hindu Retail inflation too inches up in February New Delhi: Retail and farm gate prices surged in February as food articles and fuel products became more expensive. Data released on Tuesday revealed that consumer price index (CPI) based inflation rose to a four-month high of 3.65 per cent in February this year as against 3.17 per cent in January. It was, however, much higher at 5.26 per cent in February last year. Meanwhile,...

-The Hindu Business line Farm output hit; water levels in reservoirs at their lowest; Kerala, Karnataka looking at cloud seeding Bengaluru/ Thiruvananthapuram: The near-normal monsoon in 2016 may have helped most parts of the country come out of two successive droughts and perhaps propel foodgrain output to a new high, but not in the South. The drought has extended its grip in the South, with the South-West monsoon falling significantly short and the...

-IANS Shimla: Himachal Pradesh, whose economy largely banks on agriculture and horticulture, aims to develop bio villages by promoting organic farming. The state is also eyeing investment in cold chains. An additional 2,000 hectares will be brought under organic farming and there are plans to develop 200 bio-villages in the next fiscal, a government spokesperson told IANS. He said farmers in the bio-villages would use only bio-fertilizers and bio-pesticides and discourage...