-FirstPost.com Even as the Narendra Modi government has been making claims that India’s rural economy has gained pace under his rule, empirical evidence suggests that the health of country’s rural economy may not have improved much on account of declining or stagnant income levels. The situation, experts say, is unlikely to change in the near future as there are low chances of a revival in rural income generation. A survey by brokerage...
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Bihar exit poll debacle: Elections have become a media carnival -Siddharth Bhatia
-The Hindustan Times The stereotype of a reporter landing in a new city and then getting political insights from the taxi driver on the way from the airport is not without merit. For a visitor, the first encounter is with the cabbie, and cabbies, as assumed, have not just local knowledge, but much wisdom too. A cabbie’s views often get extrapolated and incorporated into much of the reporting. As true as this...
More »Farmers face fourth failure: Dry spell hits dal, wheat crop -Harish Damodaran
-The Indian Express Farmers have so far sown only 38.91 lakh hectares (lh) under pulses in the current rabi season from October. Dry weather extending to the post-monsoon period has led to reduced plantings of most rabi crops, raising the prospect of a fourth consecutive harvest failure for farmers and also making it more difficult for the RBI to slash interest rates. Farmers have so far sown only 38.91 lakh hectares (lh)...
More »Government looking at stripping the rich of LPG subsidy -Surojit Gupta & Sanjay Dutta
-The Times of India NEW DELHI: The government is looking at taking rich households out of LPG subsidy scheme with the aim of freeing up resources to provide clean kitchen fuel to more poor families and ensure socially responsible use of public money. While no final decision has been taken yet, the issue has certainly emerged as a discussion point within the top levels of the government. "I humbly submit that the time...
More »Centre hikes pulses MSP but experts say too little, too late
-The Indian Express The minimum support price (MSP) for the two pulse crops has been raised by Rs 250 per quintal over their levels in the 2014-15 rabi season. In a bid to encourage farmers to grow more pulses amidst soaring dal rates, the Centre Thursday increased the procurement price of chana (gram) and masur (lentil) planted in the current rabi season by around 10.5 per cent. The minimum support price (MSP) for...
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