The declining trend in food price inflation globally may not hold true for inflationary trends faced domestically due to a weakening Indian Rupee vis-a-vis the US Dollar. The recently released FAO Food Price Index (nominal) has shown a declining trend in July for the third consecutive month owing to lower international prices for grains, soy & palm oil, meat, dairy and sugar. (See links below) Based on FAO Food Price...

-Live Mint     Gujarat has grown faster than the national average—a point worth noting. But there’s no need for drumbeats  Gujarat's economic performance has been facing great scrutiny ever since chief minister Narendra Modi emerged as one of the top prime ministerial candidates of the Bharatiya Janata Party (BJP). I have been asked to compare Gujarat's economic performance during the past decade with that in the past and separate fact from fiction...

-The Telegraph New Delhi: The Centre has modified the norms of an education scheme to allow partial funding of state government-aided secondary schools in a move that could benefit Bengal the most. Funds under the Rashtriya Madhyamik Shiksha Abhiyan (RMSA) have so far been limited solely to government-run institutions. The four-year-old scheme provides grants to set up schools, improve facilities in existing ones and recruit teachers. Most secondary schools in Bengal are aided institutions,...

-Outlook Thane: Maharashtra's Minister for Tribal Development Madhukar Pichad admitted here on Monday that large scale malnutrition deaths occurred in Thane district of Maharashtra due to non-availability of proper medical infrastructure and healthcare facilities. Pichad said this while visiting the predominently tribal Jawhar and Mokhada talukas of Thane district on Monday, where large scale child deaths have been reported since the last three months. It may be recalled that it was way back...

-Tehelka.com The Sen-Bhagwati ‘debate' on economic policy is focussing on the wrong issues Several things are quite remarkable about the recent debate between Professor Amartya Sen and Professor Jagdish Bhagwati. The first surprise is that such a debate could become a major news item at all, making headlines and filling screen time on news channels, when it is about economic strategies that are normally discussed only in relatively small academic and policy...