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How to be a model State again -Jayan Jose Thomas

-The Hindu Kerala today is not generating enough jobs to meet the expectations of educated Keralites entering the labour market. Changing this is vital and doable Kerala’s development model is in focus yet again as the newly elected Left Democratic Front government is in the process of evolving a vision for the State’s economy. On the one hand, Kerala has made spectacular achievements in land reforms, education, and health since its formation. Amartya...

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Double-whammy: inflation is rising, factory output is falling

-The Hindu Business Line June IIP up, but manufacturing grows just 0.9%; retail inflation hits 6.07% in July New Delhi: A barely growing manufacturing sector and a surging inflation dealt a double-whammy to the economy. Retail inflation surged to 6.07 per cent in July, overshooting the government and central bank’s comfort zone of 5 per cent, even as manufacturing growth remained almost standstill at 0.9 per cent in June. Yet, the Index of Industrial...

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Fixing the pulses deficit

-The Hindu While the economy’s revival is still a work in progress, higher food prices, especially of pulses, are affecting nutritional intake across India. The government is counting on a good monsoon season to spur growth and cool down the prices of essential food items. Economic Affairs Secretary Shaktikanta Das said on Thursday that the government’s move to raise the minimum support price for pulses is expected to help push up...

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Rural demand: How much can the monsoon help? -Renu Kohli

-Livemint.com In the last decade, the rural constituent has emerged an important factor for overall private final consumption, which forms more than half (55-60% range) of India’s demand side GDP An above-average monsoon is commonly expected to be a key demand driver in 2016-17. Gross domestic product (GDP) forecasts for the year incorporate a revival in rural consumption—a segment that suffered severe setback from two successive years of adverse rainfall. In...

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From Plate to Plough: With humility, on farmer income -Ashok Gulati & Shweta Saini

-The Indian Express NDA’s existing agricultural policies are ill-equipped to achieve the stated goal of doubling them in five years. As the Narendra Modi government completed two years in office, almost each arm of government issued hordes of advertisements celebrating achievements and delineating policies and programmes that were transforming India. The ministry of agriculture and farmers’ welfare came out with a big picture of PM Modi, spelling out 10 points reflecting the...

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