-The Economic Times   Governor of the Reserve Bank of India, D Subbarao said on Tuesday that India's food inflation was fanned by change in dietary habits. Commenting on high inflation, Subbarao said that underlying drivers of inflation have changed.  "India needs to address challenge of food inflation. Food inflation has substantially come down but over the last 3.5 years since 2008-2009, average food inflation has shot up higher than the past 6...

After being mired in controversies across the nation over multi-crore scams, the MGNREGA scheme hasn’t quite made headway in Bulandshahr district’s Anupshahr yet, say Bhamati Sivapalan and Yamini Deenadayalan “MGNREGA is a flop in Uttar Pradesh,” extended NGO worker Manish Sharma, as small talk, at the block development office of Anupshahr in the Bulandshahr district of Uttar Pradesh. Despite having been in force since 2005, the Mahatma Gandhi National Rural Employment...

-PTI   Farmers may get up to Rs 2,250 per quintal of their common basmati paddy this season, according to experts. The forecast was made by scientists of the Agricultural Economics Department of GB Pant University of Agriculture and Technology, Pantnagar, a university release said. The scientists made the forecast while working on a sub-project, 'Establishing and Networking of Market Intelligence Centres in India', of the National Agriculture Innovation Project. One of the objectives of...

The NTPC has changed its stand and decided to scout for land for its power project in Burdwan’s Katwa, taking on an unpalatable task that reflects Trinamul’s clout at the Centre. “We had requested the Bengal government to acquire land for us. Now, we have agreed to acquire land on our own,” a senior official of the central power utility said. The NTPC needs to acquire around 550 acres. Power department sources...

To control inflation and ensure long-term economic growth, India needs to harness the creativity of the large number of its farmers and entrepreneurs, especially in rural areas. The latest WPI inflation data show primary articles inflation in double digit, driven mainly by food inflation which remains stubbornly high at over 9 per cent. The high food prices are the result of structural factors with shortages getting aggravated as demand continues to outstrip...