-Live Mint Not only have Bihar and Odisha grown faster they have also ensured that benefits accrue to the poorest; in Gujarat, growth has bypassed the poor Going by logic, the poor in richer states should be better off than their counterparts living in poorer states. This is especially so when the country is seeing a welcome trend: Income growth in rural areas and poverty reduction has witnessed unprecedented acceleration. Not necessarily. Not...

-The Business Standard Changing aspirations and strong rural demand could explain why core inflation may not decline fast enough Recently, the Reserve Bank of India governor exuded confidence that the Indian economy will do fairly better in the current fiscal. While it is difficult to envisage a significant turnaround, we believe interpreting the recent inflation uptick may be the key to such optimism. We also think that inflation (both wholesale and retail)...

-Reuters NEW DELHI/MUMBAI: India looks set for bumper harvests of winter crops such as wheat, chickpeas and rapeseed in the wake of a strong monsoon that has left the soil moist and topped up reservoirs. The crops will follow bountiful summer harvests of rice and soybeans due to the rains, with New Delhi looking to boost agricultural growth to cool double-digit food inflation and revive a slowing economy as manufacturing struggles. With next...

-The Hindu     Realising that New Delhi needs to clear its food security legislation at the WTO in time for the election, the West has sought increased market access in return for temporary relief A few months ago, the most optimistic observers of international politics were not willing to hedge their bets on the Doha Development Round at the World Trade Organisation. The Doha Round negotiations have been stalled for more than a...

-PTI NEW DELHI: The government may tomorrow raise the minimum support price (MSP) for wheat by Rs 100 to Rs 1,450 per quintal to encourage farmers to cover more area under the crop in the ongoing rabi season, sources said. Wheat MSP is the rate at which government buys the grain from farmers. It is critical as it helps farmers decide the choice of crop. "The Cabinet Committee on Economic Affairs (CCEA) is...