-PTI Inflation, as MEAsured on the Wholesale Price Index (WPI), has been in the negative zone since November, 2014. Deflationary pressure continued for the sixth month in a row with inflation dropping to a new low of (-)2.65 per cent in April, mainly on account of decline in prices of fuel and manufactured items even as food prices increased. Inflation, as MEAsured on the Wholesale Price Index (WPI), has been in the negative...
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Nabard Can Help Weather Rural Financial Distress -Charan Singh
-The New Indian Express The financial distress in the rural sector, especially borne by the farmers and reflected in farmer suicides, is a matter of concern for the nation. The rural economy housing nearly two-thirds of the population is vital for the development of the nation as it not only supplies food for consumption but also provides a market for industrial output. The rural people, due to lack of awareness of...
More »New child labour framework leaves it open to misuse
-Hindustan Times The realities of India’s socio-economic situation are often cited as the reason for some of our more retrograde laws. The one on child labour is a case in point. The Union Cabinet has increased penalties for offenders but at the same time allowed children below 14 to work in select family businesses after school hours. The caveat is that such businesses cannot be hazardous but should be things like entertainment and...
More »Approval to comprehensive New Urea Policy 2015
-Press Information Bureau/ Cabinet The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today gave its approval to a comprehensive New Urea Policy 2015 for the next four financial years. The Policy has multiple objectives of maximizing indigenous urea production and promoting energy efficiency in urea units to reduce the subsidy burden on the Government. Savings in energy shall reduce the carbon-footprint and would thus be more environment friendly....
More »How Bihar mended its ways -Jean Drèze
-The Hindu The State’s recent experience shows that even the worst-governed States can reform their public distribution system and make good use of the National Food Security Act. “In Lalu’s days we had a lal card [BPL card], with Nitish we got coupons, and when Manjhi came we got this new ration card”. This is how Anuj Paswan, a Dalit resident of Tetar village in Gaya district, sees recent changes in Bihar’s...
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