-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...
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What's cooking in inflation numbers?-Soumya Kanti Ghosh
-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)...
More »Doubling farm growth: Sufficient soil moisture+water=Great winter crop -Dharmakirti Joshi
-The Economic Times That India has had an excellent monsoon is a given, as is the prognosis that it will more than double Agricultural Growth from the lowly 1.9% seen in the last fiscal year. The happy tidings on the farm front won't end there. The joy could actually multiply by the last quarter of this fiscal year because abundant rains will benefit the increasingly important winter rabi crop more than...
More »India set for bumper winter crops in wake of monsoon rains
-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...
More »Digging up the dirt-Madhav Gadgil
-The Hindu Mining companies have received favourable impact assessments even as they do great damage to the environment because regulators are willing to look the other way Last week, world leaders concerned about economic development got together at the International Monetary Fund, and gave a series of most instructive interviews. Our Finance Minister, P. Chidambaram, said that his problem was the slowing down of India's economic growth and reduction in government revenues....
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