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India’s change of tack on climate issue -Pradeep S Mehta

-The Hindu Business Line A pull-back from the emission reduction commitments made in 2009 is likely. But we should have a sustainable plan With the submission deadline for the Intended Nationally Determined Contributions (INDC) for the Paris Climate Summit drawing near, the spotlight is once again on New Delhi. India, which is hosting a meeting of like-minded developing countries on this subject, is the last major player which is yet to announce...

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Need to Redefine Concept, Strategy of Development -MA Oommen

-The New Indian Express The recent socio-economic and caste census (SECC) 2011 data on deprivations is profoundly disquieting. At the global level too, the latest data on economic inequality is equally disconcerting. That 75 per cent of rural households in India earn less than Rs 5,000 per month or around Rs 33 per capita per day and that over 40 per cent are landless and work as manual casual labourers even...

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The looming spectre of rural distress -Vatsala Kamat

-Livemint.com Amid all the gloom, the lower inflation rate and commodity prices could bring some respite With the southwest monsoon retracing, concerns about the deficiency of rainfall and its impact on the economy are increasing. The 15% rainfall deficit makes it the second consecutive year of less-than-normal monsoon dotted with some unseasonal showers. Together, this would have multiple ramifications on economic growth. Both macroeconomic and sectoral analysts have turned cautious and some...

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Inflation falls to -4.95%, spurs deflation fears, rate cut hopes -TCA Sharad Raghavan

-The Hindu Overall, industry bodies are positive about the ongoing contraction in inflation, but there is some wariness regarding deflation. Wholesale price inflation contracted for the tenth consecutive month, coming in at -4.95 per cent in August compared to -4.05 per cent in July. This follows Chief Economic Adviser Arvind Subramanian’s comments cautioning that India’s economy could be nearing deflationary territory. The data also comes two weeks before the Reserve Bank of...

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NDA warned as rural distress worsens, farmer unrest spurts -Rajnish Sharma and Sayantan Bera

-Livemint.com Low support price, land acquisition bill, short supply of fertilizers among triggers for clashes, shows analysis New Delhi: Security agencies have warned the government of growing farmer unrest across the country as rural distress worsens. There has been a spurt in clashes among farmers and government agencies, particularly in states such as Maharashtra, which is facing acute rural distress. Till June end, 74 incidents were reported nationwide, twice the number recorded...

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