-The Economic Times Blog Two apparently unrelated events — a sharp fall in factory output growth and a spike in consumer price inflation —point to deep problems underlying the economy. September industry growth fell to 3.6%, the lowest in four months. Meanwhile, the consumer price index (CPI) went up to 5% in October, higher than the consensus estimate of 4.8%, headed north for the third successive month. The rise in prices is driven...

-Livemint.com As many as 23 out of 38 districts have received deficit rain ranging 20-60% of the normal; overall, the 2015 Jun-Sep monsoon recorded a 28% deficit Nitish Kumar, who will take oath as chief minister of Bihar for the third consecutive time, will face a daunting task as he tries to tackle Rural distress in the state that has been hit by a drought. The issue had found little mention in the...

-Livemint.com Raman Singh govt requests Centre for nearly Rs4,000 crore in assistance to carryout relief operations New Delhi: Chhattisgarh has become the sixth state to declare a drought and the fourth so far to seek central aid. The state government said that 25 of its 27 districts have been drought-hit. Earlier, Karnataka, Maharashtra, Odisha, Madhya Pradesh and Andhra Pradesh declared a drought in 110 of their districts. “Based on a prima facie evaluation, the cabinet...

-Livemint.com India’s agricultural growth rate has hovered around 2-3% annually, when in fact it should be at least 5% India’s agriculture became moribund decades ago, and shows no sign of uplift for the long haul. Indeed, the rain gods have played havoc with Indian farmers. But not just the gods, Indian states have done precious little to tackle the problem head-on. The government’s solution is to give financial sops to farmers...

-Livemint.com A total of 302 districts across India, nearly half of its districts, received deficit or scanty rainfall this year A total of 302 districts across India, nearly half of its districts, received deficit or scanty rainfall this year (at least 20% short of normal), according to India Meteorological Department. Yet, only 110 districts in five states—Maharashtra, Madhya Pradesh, Karnataka, Odisha and Andhra Pradesh—have been declared drought-hit by the state governments. States...