-The Times of India The inflation rate slowed to a more than three-year low of 5.96% in March on the back of softening vegetable, fruits and milk prices, brightening the prospect of an interest rate cut by RBI while bringing relief for the politically beleaguered government. Lower interest rates would provide relief to thousands of borrowers reeling under the burden of high equated monthly installments ( EMIs) on their home loans. Data released...
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Cottonseed oil rules the kitchens of Gujarat as cheapest cooking oil -Nidhi Nath Srinivas
-The Economic Times The BT cotton revolution, which swept India's countryside, is now doubling up as the source of the country's cheapest cooking oil. And in Narendra Modi's motherland, the Jasubens are loving it. Cottonseed or 'kapasiya' oil is ruling in the kitchens of Gujarat, the largest cotton-growing state. One out of every two bottles of oil consumed in Gujarat contains cottonseed oil. "Earlier, we used around three litres of cottonseed oil...
More »Make mining work for tribal welfare, grant a hefty royalty to local community
-The Economic Times Tribal affairs minister Kishore Chandra Deohas reportedly written to the governors of nine states asking them to cancel mining concessions granted in violation of the law. The Forest Rights Act of 2006 mandates the permission of the gram sabha of a tribal community for using their habitat for purposes other than customary use. So, if mining leases have been granted without the permission of gram sabhas on tribal land,...
More »An Agricultural Nightmare -Deepak Gopinath
-Outlook India has long been the sleeping giant of global agriculture. But its misguided policies while boosting short-term output, yet may transform India into a food importer After decades on the sidelines of international agricultural trade, India was poised last year to become a major food supplier, overtaking traditional exporters of food grain and meat. This could prove to be flash in the pan. The sudden rise and fall of India...
More »Rural folks driving own economy with self-sustaining models -Rupali Mukherjee
-The Times of India MUMBAI: Indian villages are powering their own economy, but contrary to conventional belief , it's not government largesses which are the drivers, but their own self-sustaining models. Growth at the bottom of the pyramid is at unprecedented level, and the transformation is stark. The factors driving this transformation are dramatic improvements in rural roads, electrification, cell phones and water supply which are raising wages and increasing job opportunities...
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