-Livemint.com Amid all the gloom, the lower inflation rate and commodity prices could bring some respite With the southwest monsoon retracing, concerns about the deficiency of rainfall and its impact on the economy are increasing. The 15% rainfall deficit makes it the second consecutive year of less-than-normal monsoon dotted with some unseasonal showers. Together, this would have multiple ramifications on economic growth. Both macroeconomic and sectoral analysts have turned cautious and some...

-Livemint.com Low support price, land acquisition bill, short supply of fertilizers among triggers for clashes, shows analysis New Delhi: Security agencies have warned the government of growing farmer unrest across the country as rural distress worsens. There has been a spurt in clashes among farmers and government agencies, particularly in states such as Maharashtra, which is facing acute rural distress. Till June end, 74 incidents were reported nationwide, twice the number recorded...

-The Hindu The crisis-ridden textile sector, being labour-intensive, should have been an ideal candidate for a push as part of the Prime Minister’s pet ‘Make in India’ initiative, but as the issues it is mired in remain unresolved, and with losses mounting, the situation is grim. Nearly half of India’s power looms are at a standstill: the spinning industry in the northern and southern regions has pressed in shutdowns of as...

-Al Jazeera Prime Minister Narendra Modi is unlikely to narrow the gap between Indian elites and the rest of the population India has experienced a significant economic growth spurt in recent decades. After seeing annual growth of 3 percent in the years after independence in 1947, the rate began to double, reaching a rate of around 6 percent per year after 1980. However, the distribution of growth proceeds has been very uneven...

-Down to Earth Despite being a world leader in pulses production, India has been forced to import due to crop loss and seed deficit. The sharp rise in prices is only a symptom Rani Devi, 47, is drying chickpea (chanaa daal) in Kuite Khera village of Uttar Pradesh. She intends to use them as seeds in the coming rabi season (October to December), as she is facing acute shortage of seeds....