The low rate of inflation of 3.88 percent in Consumer Food Price Index during September, 2015 actually hides the high prices at which various pulses (dal) are available in kirana / retail shops across India. In terms of Consumer Price Index (combined), monthly rate of inflation in pulses and products during September 2015 (over September last year) stood at 29.76 percent as compared to the overall monthly retail inflation of...

-The Indian Express The central message of Angus Deaton’s work: Becoming richer is not necessarily the same thing as becoming better-off. In the preface to his magisterial 2013 book The Great Escape, Angus Deaton thanks his teachers. “Richard Stone was perhaps my most profound influence,” Deaton writes, “from him I learned about measurement — how little we can say without it and how important it is to get it right.” Important, indeed....

-Livemint.com The two weather agencies have had different forecasts for this year’s monsoon since April For once, the state-run forecaster India Meteorological Department (IMD) and private weather forecaster Skymet Weather Services Pvt. Ltd are on the same page: Rainfall in August will be below normal. The two weather agencies have had different forecasts for this year’s monsoon since April. Recently in August, while IMD reiterated that monsoon this year will be deficient,...

-The Telegraph   The debate around Yakub Memon’s hanging highlights the many cases of people who were hanged but who should have lived. Indeed, the Supreme Court admitted in 2009 that it had wrongly sentenced 15 people to death in 15 years. Avijit Chatterjee looks at some cases   It was a mistake, the Supreme Court later said. But by then it was too late. Ravji Rao, or Ram Chandra, had been hanged to...

-Economic and Political Weekly A categorical distinction is facing rough weather--that between urban and rural. If we take just agriculture, there is so much of the outside world that comes in not just as external markets but as external inputs. Further, many of our villages barely qualify as rural if we were to take occupation alone. So the earlier line that separated the farmer from the worker in towns is slowly...