-The Hindu Business Line Agriculture development and food security form the foundation of manufacturing growth. Modi must realise this Prime Minister Narendra Modi’s exhortation ‘Make in India’ would make perfect sense till we realise that by ‘making’ he means manufacturing. But could it be that his focus on manufacturing may come a cropper if we do not ensure that agriculture is placed permanently on a sound footing? The history of the great...
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WPI inflation dips to record low in April
-PTI inflation, as measured on the Wholesale Price Index (WPI), has been in the negative zone since November, 2014. Deflationary pressure continued for the sixth month in a row with inflation dropping to a new low of (-)2.65 per cent in April, mainly on account of decline in prices of fuel and manufactured items even as food prices increased. inflation, as measured on the Wholesale Price Index (WPI), has been in the negative...
More »Midday meal scheme: Panel highlights obstacles -Akshaya Mukul
-The Times of India NEW DELHI: The National Monitoring Committee for midday meal (MDM) scheme that met on Tuesday was told there are areas of serious concerns with the flagship programme. For instance, it was pointed out there is unavailability of eating plates in most of the schools. Report by various monitoring institutions (MIs) also said there is a delay in delivering cooking costs from state to school, cook-cum-helpers were getting irregular...
More »With Economy on an Upturn, India Needs to Unlock Investments to Accelerate Growth, says World Bank
-The World Bank A World Bank study shows creating productive assets can help make MGNREGS cost effective New Delhi– The Indian economy has turned the corner, says the latest India Development Update of the World Bank. Aided by a supportive external environment, in particular the sharp decline in oil and commodity prices, the Indian economy has taken strong strides towards higher growth and enhanced stability. Growth has accelerated, inflation has declined, the...
More »Prof. Abhijit Sen, former Member of Planning Commission, speaks to Latha Venkatesh & Sonia Shenoy
-MoneyControl.com The MET department has forecasted presence of El Nino for the second year in a row, only this time it is expected to be much stronger. Simultaneously the agriculture ministry has also submitted a report on unseasonal rains that impacted the Rabi crops last fiscal. Will the agri community face the curse of weather gods once again? Abhijit Sen, professor of economics at JNU, says a depressed rural income is...
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