-Business Standard FY10 was a drought year with a monsoon rainfall deficiency of 22 per cent of the 50-year average, resulting in a seven per cent dip in the total foodgrains production. But, that did not dampen the consumer sentiment as the auto sector grew by 26 per cent, fast-moving consumer goods (FMCG) 25 per cent and the consumer durables sector by 21 per cent. The momentum continued the following year,...

-Livemint.com New Delhi: Back from a walk through drought-affected parts of the country, Yogendra Yadav, political scientist and co-founder of non-profit Swaraj Abhiyan, speaks on state compliance of Supreme Court orders, a booming private water market in Marathwada, and why farmer movements are weakest at a time when agrarian distress is at its peak. Edited excerpts from an interview: * You just came back from a trip to Bundelkhand and Marathwada. What...

Although the focus of erstwhile UPA and the present NDA government has been to achieve higher economic growth by reaping the 'demographic dividend', a recent report from the Central Statistics Office (CSO) informs us that a substantial chunk of the population underwent ageing during the last 60 years. The report entitled Elderly in India: Profile and Programmes 2016 from CSO (that comes under the Ministry of Statistics and Programme Implementation) shows...

-The Indian Express Because this time, it’s only rural producers, not urban consumers, who are feeling the heat This time’s drought has been a most unusual one. Even with three consecutive bad crops (kharif 2014, rabi 2015, and kharif 2015) and a fourth not-so-great one (thankfully, there’s been no big damage from the unseasonal rain and hail unlike in March 2015), annual consumer food price inflation is only 5.3 per cent. In the...

-The Financial Express This is a double whammy for the poor. Despite a fall in retail inflation to 5.18% in February from a 17-month high of 5.69% in the previous month, most of the lower-income states witnessed higher retail inflation than the richer ones, reports fe Bureau in New Delhi. According to DK Joshi, the chief economist at Crisil, higher-income states like Haryana, Kerala, Uttarakhand, Maharashtra and Gujarat saw lower retail inflation...