-The Hindu Business Line Though the overall price trend is declining, for many items of daily consumption, especially food, it has risen Wholesale and consumer price indices are trending lower, but this has not brought relief to the common man. In May, the wholesale price index recorded negative growth for the seventh consecutive month. The consumer price index edged marginally higher in May to 5.01 per cent, from 4.87 per cent a...

-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...

-Economic and Political Weekly Direct benefi t transfers in the form of cash cannot replace the supply of food through the public distribution system. Though it is claimed otherwise, DBT does not address the problems of identifying the poor ("targeting") and DBT in place of the PDS will expose the vulnerable to additional price fluctuation. Further, if the PDS is dismantled, there will also be no need or incentive for procurement...

-The Times of India New Delhi: Discharging its annual duty, the Centre has revised the wages under the job guarantee scheme that range from a minimum of Rs two to a maximum of Rs 17 for a day's labour. In percentage terms, the hike ranges between 2%-10%. Madhya Pradesh and Chhattisgarh stand at the bottom of the ladder with the hike under MGNREGA being a meagre Rs 2, increased from Rs 157...

-The Hindu Reviving the Farm Income Insurance Scheme could be the best tool for small and marginal farmers to fight falling prices in an increasingly globalised marketplace. Data from the recently held National Sample Survey Organisation (NSSO) survey show that close to 60 per cent of rural households are dependent on agriculture for their livelihood. More than half of them are at risk of defaulting on their debts with either banks or...