-The Hindu Business Line Low ground water levels have led to sluggish start to sowing of most kharif crops Pay Commission payouts may be a welcome shower of salary, but monsoon showers matter most for the economy. Why so? The proportion of the country’s working population dependent on agriculture was at 38 per cent in 2011-12 — and this, even as the share of agriculture in the Indian economy stood at a modest 15...
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One year of housing for all: At this pace, it’s indeed a dream by 2022 -Shalini Nair
-The Indian Express Housing activists say that a heavy reliance on private sector is the prime reason for poor pace of implementation of the PMAY New Delhi: A year after Prime Minister Narendra Modi launched the Pradhan Mantri Awas Yojana (PMAY) with the stated purpose of constructing two crore houses for the urban poor by 2022—at the rate of 30 lakh houses per year— merely 1,623 houses have been constructed so far. The...
More »The fruits of India's National Food Security law are finally showing on the ground -Anumeha Yadav
-Scroll.in Like Chhattisgarh earlier, now West Bengal, Odisha, Madhya Pradesh are covering over 80% rural poor under the ration system, and have reduced grain pilferage. Is the public distribution system in India irreparably dysfunctional, or can it effectively provide nutrition and economic support to the poor? In the last three years since the National Food Security law was passed, a number of state governments have expanded the provision of subsidised foodgrain, and the...
More »How to combat food price rise before its too late -Lekha Chakraborty and Pinaki Chakraborty
-The Financial Express Persistence of high food inflation can harden the monetary policy stance and make fiscal choices difficult Food inflation increased to 7.9% in May 2016 as against 4.23% in April. This sudden spurt in food inflation is attributed to vegetable prices, followed by pulses and sugar. Is this a short-term spike or will it be a persistent one? If it is going to be a persistent one with pass-through effects,...
More »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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