-Reuters Monsoon rains will not be enough to save the country from its first drought in three years, the weather office said on Thursday as it forecast that the El Nino weather pattern should reduce rains again in the second half of the June to September season. India, one of the world's largest food producers and consumers with a population of 1.2 billion, last suffered a drought in 2009, which forced it...

-The Economic Times The latest consumption figures from the National Sample Survey Organisation show that rural consumption grew 18% in the two years to 2011-12.  Poverty fell by roughly 7% in villages and 1% in towns. The town-country gap in incomes narrowed. This is welcome but needs to be qualified. 2009-10 was a drought year, depressing consumption and thereby exaggerating the improvement registered two years later.  Over a longer seven-year period, between 2004-05...

-Live Mint There is no dearth of advisors for a government considered to be in the grip of a policy paralysis and whose prime minister is dubbed an “underachiever”. In this season of India-bashing, US President Barack Obama spared some time from his election campaign and offered some pearly words of wisdom on the Indian economy. This came at a time when in his own backyard, thousands of people marched in...

-The Hindustan Times Recently, at a rally of gram panchayat chiefs, agriculture minister Sharad Pawar told the audience, “Improving the well-being of farmers is difficult unless agriculture sheds some of its population. At least one member from the farmer’s family should seek livelihood opportunities outside agriculture.” He has often made this appeal to farmers in Maharashtra, pointing out how rich industrial countries have a small proportion of their labour force in...

-The Business Standard   MGNREGA review should be based on more research Both acclaim and accusations have been hurled at the UPA’s landmark scheme, the Mahatma Gandhi National Rural Employment Guarantee programme, or MGNREGA. Usually, the reasons for the criticism or praise are less-than-completely supported. For example, it has been both praised and condemned for providing local wage employment to the jobless, thus curbing outmigration; similarly, it is claimed that the scheme has...