-The Telegraph The wheat has to be saved, so joust over jute. Finance minister Pranab Mukherjee today assured Opposition leaders he had asked Bengal to increase production of jute bags after shortage of facilities to store this year’s bumper wheat crop rocked the Lok Sabha. Mukherjee said he had spoken to Bengal industries minister Partha Chatterjee and urged him to ensure uninterrupted production to ensure that the supply of jute sacks increased by...

-The Hindustan Times The government on Monday admitted a mismatch between wheat procurement and storage and said efforts were on to ease pressure on go-downs by encouraging exports and providing foodgrain to MNREGA workers as part of wages. Finance minister Pranab Mukherjee’s brief statement on farmers’ light in the Lok Sabha during the zero hour came in response to vociferous protests by many political parties on the plight of farmers due...

The first-ever national policy for domestic workers is all set to go to the Cabinet for its approval, entitling them to minimum wages, defined work hours, paid annual and sick leave and maternity benefits. The thrust of the policy is to bring domestic workers under the purview of existing labour laws, which would help them avail all the rights and protection available to other workers. According to official estimates, India has...

The recent brouhaha following the release of the poverty headcount ratio has triggered heated discussions with regard to their reliability. While it is very clear that the completeness and the consistency of the statistics are not in question, what is being questioned is the possible fudging of the data to reduce the poverty line. The data has not been fudged, as has been brought out very clearly by many authors....

Last week, the Indian Meteorological Department (IMD) released its first annual monsoon forecast for June-September. Monsoons are likely to be normal with the probability of deficient or excessive monsoons being relatively low, according to IMD. If this prediction comes true, what does this really mean for India's economy? Impact on agricultural output: The first and most Important impact is, of course, on agricultural production, especially in the kharif or summer season....