-The Telegraph The Congress today slammed the Centre for linking food inflation to increased incomes and changing diets and asked if it intended to scrap its predecessor's welfare schemes that had raised poor families' purchasing power. Ironically, Congress ministers used to cite similar reasons for the rising prices. But spokesperson Randeep Surjewala accused the government of "insulting" the people and said it was a matter of satisfaction and pride that incomes were...

-The Hindu Business Line     Facing criticism for rising prices, the Modi Government has blamed public expenditure on schemes such as MGNREGA (Mahatma Gandhi National Rural Employment Guarantee Act) for fuelling food inflation. Curiously, the BJP wants the job scheme to continue, with the focus mainly on agriculture. According to the agenda note circulated for Friday's Conference of State Food Ministers with the Centre, food inflation is caused by both demand and supply...

-The Hindu Business Line Hyderabad: Eminent agriculture scientist MS Swaminathan has said it is not right to put the entire blame on the GM (genetically modified) crops for the farm distress in the country. He said it is one of the several factors that affect the farm sector and requires a different approach to tackle it. "I am not defending anything but putting the entire blame on GM crops would be oversimplifying...

-The Business Standard   Why Indian unemployment figures puzzle many Census data released on Tuesday contained a shocking piece of information: that 47 million young Indians, under the age of 24, were jobless, and looking for work. That's 20 per cent of the youth population. This is hard data confirming a fact that has long been anecdotal: that India has a jobs crisis. The picture that emerges from the Census data is intriguing:...

-The Indian Express Most of the dynamism of the Indian economy comes from its states. They must be given more room to chart their growth trajectories In the euphoria surrounding the election results, it is tempting to avoid facing up to the harsh realities of making development happen. Even for those who characterise the election as "the dawn after the dusk", in the new light of day, India's development challenges remain essentially...