-PTI Indicating that its nearly three- year-old battle with inflation is not yet over and a loose monetary policy is still far off, the Reserve Bank today said the near-term inflation trajectory still remains sticky on the back of weak monsoon, higher support price for farm crops and the falling rupee. Headline inflation persisted above 7 per cent during the first quarter of the fiscal due to a rebound in food rates...

-The Indian Express From Nariman Point to Tirupur, from broking firms to ancillary industries — as a two-part series in this newspaper has illustrated — the economy is seeing a steady contraction in employment opportunities. The economic and social cost is sobering but the UPA should also worry about the political implications. Lakhs of jobs are being lost when India is heading for a general election that could be decided primarily...

-Live Mint After years of denial about problems in its flagship social welfare programme, the MGNREGS, the government has awoken to the need for an honest debate on the subject After years of denial about problems in its flagship social welfare programme, the Mahatma Gandhi National Rural Employment Scheme (MGNREGS), the government has awoken to the need for an honest debate on the subject. On Saturday, Prime Minister Manmohan Singh made some...

-The Economic Times The positive impact on agricultural wages and distress migration from rural areas not withstanding, the government's flagship rural employment scheme, the Mahatma Gandhi National Rural Employment Guarantee Act, leaves a lot to be desired for. This is evident from the rural development ministry's compendium of more than 100 major research papers on the programme, MGNREGA Sameeksha. The slim 120-odd page volume, which is to be released by the Prime Minister...

-Inclusion.in There is good news. And there’s bad news. The good news first. There’s been a bumper wheat crop and the granaries are overflowing. And the bad news? Where do we begin? A lot of that grain will rot. Millions will still remain hungry. Heavily in debt and distressed, farmers are committing suicide. Food prices are soaring. There’s more… Farmers don’t have money. Their land is too small and isn’t yielding much. Fertilisers and...