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Nomura says slowing rural wages should bring inflation down

-PTI MUMBAI: Japanese brokerage Nomura today said with real rural wages moderating, both rural demand and inflationary pressures will moderate in the medium-term, giving the much-needed room to the Reserve Bank to lower interest rates. "Though rural wages continue to rise, the pace of growth is moderating. Growth in the average daily wage rate for agricultural labourers dipped to 13.1 per cent in August year- on-year, which is significantly slower than 18.5...

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What Gujarat can learn from Bihar and Odisha-Himanshu

-Live Mint Not only have Bihar and Odisha grown faster they have also ensured that benefits accrue to the poorest; in Gujarat, growth has bypassed the poor Going by logic, the poor in richer states should be better off than their counterparts living in poorer states. This is especially so when the country is seeing a welcome trend: Income growth in rural areas and poverty reduction has witnessed unprecedented acceleration. Not necessarily. Not...

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Halt Identifying Food Scheme Beneficiaries: EC to Govt

-Outlook New Delhi: The Election Commission has asked the Delhi government to stall the process for identifying beneficiaries under Food Security scheme till December 5 when the poll process in the national capital will be over. The EC directive came in reply to a request from Delhi government to continue with identification of beneficiaries as the scheme has already been launched in the national capital. Delhi government had launched the scheme in...

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Coming home after Phailin-Vasudha Chhotray

-The Indian Express October is the month of Durga Puja and like in the rest of the country, a warm festive spirit hangs in the air in Odisha. There is a sense of life at its fullest. Memories of Friday the 29th this same month in 1999 temporarily retreat to the background amidst the hope of celebration. Is it surprising that an event 14 years ago should at all be a...

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Rubbing salt into their wounds -Soumya Swaminathan

-The Hindu In addition to ailments caused by poverty, salt pan workers across the country suffer from several occupational diseases, including chronic dermatitis, loss of vision and hypothyroidism In Adivasi Colony, a remote hamlet off the road from Vedaranyam to Kodikarai in Tamil Nadu, most of the adults in the 200-odd households work in salt manufacturing. They prepare salt pans manually, irrigate them with saline water which is three times saltier than...

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