-The Business Standard   Different economists have arrived at varying figures to assess the state's agricultural growth. The author tries to understand the rationale behind these conflicting numbers As Narendra Modi, having led the government in Gujarat for 13 years, heads to New Delhi to try and replicate what is called the Gujarat model on a national level, the country's leading agriculture economists are engaged in a fascinating debate over the agriculture growth...

-The Business Standard   Third advance estimate of 2013-14 says grain production to rise 2.8% India's total foodgrain production in the 2013-14 crop marketing season that ends in June is expected to be around 264 million tonnes, almost 2.8 per cent more than 2012-13, some relief to the next government at a time when monsoon rains are expected to be below-normal this year. According to the third advance estimate of 2013-14 agriculture production, released...

-The Business Standard   Or, why our subsidy and tax policies have been almost exactly wrong Thomas Piketty's seminal book on inequality, Capital in the Twenty-First Century, comes at a fortuitous time. Although inequality has been a well-discussed issue in India for some time now, the success of the book contributes by sharpening the debate. It complements the McKinsey Global Institute's (MGI) report titled "From poverty to empowerment: India's imperative for jobs, growth,...

-The Business Standard   Food articles inflation dips to 8.64% compared to 9.9% in March Wholesale Price Index-based Inflation fell by 0.5 percentage points to 5.2 per cent in April from 5.7 per cent in March, providing some relief to a new government amid other deteriorating macroeconomic numbers such as retail inflation and industrial output. All three major components of the index - food, fuel and manufactured goods - recorded moderation in inflation on...

-The Business Standard   More, water levels in the reservoirs of southern India are below the 10-year average at 8.28 billion cubic metres As doubts mount over the impact of El Niño on the southwest monsoon season in 2014, India's preparedness to face a low rainfall situation seems to have improved in the past four-five years. However, there are many gaps to be plugged. For example, although the average water in major reservoirs across...