-One World South Asia Policy Analyst Devinder Sharma strongly advocates that the income a farmer earns in India should be de-linked from the price that his crops fetch in the market. New Delhi: Indian agriculture is faced with a terrible agrarian crisis. It is a crisis primarily of sustainability and economic viability. The spate of farmer suicide and the willingness of farmers to quit agriculture if given a choice is a stark...
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Why voters punished UPA-Himanshu
-Live Mint If anything, the UPA has been punished by the voters for moving away from its core agenda of entitlement-based politics The victory of the Bharatiya Janata Party (BJP) in the 2014 elections will remain a watershed moment for Indian democracy in many ways than one. Coming at a time when the economy is in a serious mess, the victory of the BJP and the defeat of the Congress party and...
More »WPI inflation eases to 5.2% in April-Vrishti Beniwal
-The Business Standard Food articles inflation dips to 8.64% compared to 9.9% in March Wholesale Price Index-based Inflation fell by 0.5 percentage points to 5.2 per cent in April from 5.7 per cent in March, providing some relief to a new government amid other deteriorating macroeconomic numbers such as retail inflation and industrial output. All three major components of the index - food, fuel and manufactured goods - recorded moderation in inflation on...
More »India needs to do a lot more to effectively deal with El Niño fallout-Sanjeeb Mukherjee
-The Business Standard More, water levels in the reservoirs of southern India are below the 10-year average at 8.28 billion cubic metres As doubts mount over the impact of El Niño on the southwest monsoon season in 2014, India's preparedness to face a low rainfall situation seems to have improved in the past four-five years. However, there are many gaps to be plugged. For example, although the average water in major reservoirs across...
More »El Nino likely to cause loss of Rs 1,80,000 crore this year: ASSOCHAM -Soma Basu
-Down to Earth Studies indicate high Food inflation As Met office predicts below normal rainfall because of El Nino this year, a study by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) has projected a 1.75 per cent GDP reduction and loss of hundreds of thousands of jobs in the unskilled sector. The report released recently says that five per cent deficit rainfall forecast by the India Meteorological Department (IMD) will...
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