-Press Information Bureau/ Ministry of Finance Economic Outlook, Prospects and Policy Challenges Macroeconomic fundamentals in 2014-15 have dramatically improved. Highlights are: * Inflation has declined by over 6 percentage points since late 2013. * The current account deficit has declined from a peak of 6.7 percent of GDP (in Q3, 2012-13) to an estimated 1.0 percent in the coming fiscal year. * Foreign portfolio flows have stabilized the rupee, exerting downward pressure on long-term interest...

-IANS Chandigarh: The Punjab government on Wednesday announced rewards to districts and villages across the state which curb the unhealthy practice of burning stubble (residue of harvested crops). "The Punjab government has announced an incentive for each district and village with a financial grant of Rs.1 crore and Rs.1 lakh respectively, which were free from the burning of stubble," a state government spokesman said here. "This decision has been taken to curb the...

-Frontline A critique of the report of the high-level committee on restructuring the FCI and reviewing its role by TK Rajalakshmi SOON after assuming power at the Centre, Narendra Modi's National Democratic Alliance government set up a high-level committee on re-structuring the Food Corporation of India that was mandated to make the food management system more efficient. It was headed by Shanta Kumar, former Union Minister for Rural Development and former Chief...

-DNA After the dna report, the National Human Rights Commission (NHRM) has asked Maharashtra government to address the farmers issues and look after the compensations package to farmers as well. After the dna report, the National Human Rights Commission (NHRM) has asked Maharashtra government to address the farmers issues and look after the compensations package to farmers as well. Dna had reported on January 30 that the desperate farmers are selling their...

-The Hindu With India continuing to be plagued by malnutrition, it is foolhardy to use the changed food production situation in the domestic economy as a reason for dismantling the FCI Within months of assuming office, the BJP-led National Democratic Alliance government set up a High Level Committee (HLC) in August 2014 to restructure, reorient and reform the Food Corporation of India (FCI). The eight-member HLC was chaired by senior BJP leader,...