-The Economic Times Over the last decade the UPA government has tried to reduce poverty by legislating a regime of rights accompanied by the national rural employment guarantee (NREG) programme -spending Rs 1,70,000 crore on this strategy. This strategy would have been fine if the transformation of India from a strong currency, high growth and low inflation economy to aweak currency, low growth and high inflation economy had been accompanied by a...
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New farm-fresh veggie outlets in Chennai's suburbs sell out on day 1 -K Manikandan
-The Hindu The outlets in the city's immediate southern suburbs and one in Porur boast of a huge price difference of locally-available vegetables compared to those in other markets Chennai: Residents cutting across the social and economic spectrum flocked to the farm-fresh consumer outlets in the city's suburbs on Thursday, soon after their inauguration earlier in the day. Chief Minister Jayalalithaa launched 31 ‘Pannai Pasumai Nugarvor Kootturavu Kadai' through video-conferencing from the Secretariat....
More »Why India Trails China-Amartya Sen
-The New York Times CAMBRIDGE, Mass. - MODERN India is, in many ways, a success. Its claim to be the world's largest democracy is not hollow. Its media is vibrant and free; Indians buy more newspapers every day than any other nation. Since independence in 1947, life expectancy at birth has more than doubled, to 66 years from 32, and per-capita income (adjusted for inflation) has grown fivefold. In recent decades,...
More »Most states can’t stock food grains for more than a month -Pradeep Thakur
-The Times of India NEW DELHI: With the UPA government serious about implementing the Food Security Bill, the Committee on Public Undertakings, headed by Congress's Jagdambika Pal, will take up for discussion on Monday a recent report of the Comptroller and Auditor General (CAG) on the assessment of food grain management across the country. The auditor's report paints a grim picture on the states' lack of capability to manage operational stock of...
More »Prices of vegetables & spices crash upto 20% due to the brisk start to monsoon -Sutanuka Ghosal
-The Economic Times KOLKATA: Prices of vegetables and spices have dropped up to 20% in the past month and are likely to remain low as higher output along with the brisk start to the monsoon has calmed the market. The drop in vegetable prices, on top of the global fall in various commodities from aluminium to zinc, is good news for policymakers as stubbornly high inflation has hindered moves to cut interest...
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