-The Hindu Overall, industry bodies are positive about the ongoing contraction in inflation, but there is some wariness regarding deflation. Wholesale price inflation contracted for the tenth consecutive month, coming in at -4.95 per cent in August compared to -4.05 per cent in July. This follows Chief Economic Adviser Arvind Subramanian’s comments cautioning that India’s economy could be nearing deflationary territory. The data also comes two weeks before the Reserve Bank of...

Two recent reports show that this social sector scheme has had a causal impact in improving lives, especially for women and children Fourteen million people escaped falling into poverty under the world’s largest anti-poverty programme, the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). In 10 years of its existence, the scheme reduced poverty by 32 per cent. Recent data also shows that more women are drawing cash incomes, more children...

-Business Standard Indian farming is labour intensive as mechanization is expensive. This model might change it while keeping the cost very low. The single biggest challenge in farming is debt. A large share of farmers’ insurmountable debt burden comes from purchase of farm equipment. Mechanized farming results in higher productivity but is notoriously capital intensive. A 40 HP tractor with 2 basic implements (a rotavator and a cultivator) and a trolley costs...

-The Times of India NEW DELHI/MUMBAI: Prime Minister Narendra Modi's magic appears to be working well among cooking gas consumers. With a little assistance from state-run Fuel retailers. Between 30,000 and 40,000 households are giving up LPG subsidy daily in response to a countrywide door-to-door campaign launched by the oil marketers to capitalize on the prime minister's call to 'Give It Up'. The result is nothing but magical in a country used to...

-Livemint.com BJP’s U-turn on the proposed land Act reflects a re-balancing of deeper political forces that are at work in India’s political economy The recent U-turn by the Bharatiya Janata Party (BJP)-led government on the proposed amendment to the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 (henceforth the land Act), can be viewed narrowly as a Congress victory in the ongoing tit-for-tat game that is short-changing...