-Business Standard Weather forecaster Skymet says good winter rains are expected over most parts of India in the next few days Sowing of wheat in the week ending January 15 was less than last year, because of less sowing area in the rainfed areas of Uttar Pradesh, Gujarat and Maharashtra. Low residual sOil moisture and unusually warm weather in this season has impacted rabi sowing in these parts. However, with the weather turning cold in many...

-PTI "The government, going by the price it is paying for international crude Oil, should be selling petrol at Rs. 19.40 per litre instead of Rs. 59.03 per litre." Congress on Friday reacted sharply to the government’s handling of petrol and diesel prices accusing it of “giving a penny and extracting a pound” and attacked the Prime Minister for “playing a cruel and diabolic game with the people of the country.” “The government,...

-Business Standard Deflation in manufacturing continues, food inflation picks up Wholesale price index (WPI)-based deflation persisted for a 14th straight month in December, the index dropping 0.7 per cent as compared to one of almost two per cent in November. However, food inflation rose to 8.17 per cent, the steepest in 17 months, from 5.2 per cent. This was on more expensive vegetable and non-vegetarian items, prompting economists to say the Reserve Bank...

Representatives of around 20 civil society organizations and NGOs met the Finance Minister Shri Arun Jaitley as part of pre-budget consultation on social sector on 12 January, 2016. Immediately after the pre-budget consultation, a press conference was held by some of these organizations to convey the media persons what demands/ suggestions were made.   Subrat Das, Executive Director of Centre for Budget and Governance Accountability (CBGA, http://www.cbgaindia.org/) informed us that during...

-The Hindu The National Food Security Act is finally making headway in the poorest States. Amplified by reforms in the Public Distribution System, a modicum of nutritional support and economic security to all vulnerable households is now a real possibility. Dhobargram is a small Santhal village in Bankura district of West Bengal, with 100 households or so. Most of them are poor, or even very poor, by any plausible standard. There are...