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Inflation down, but pinch is back as two indices tell different tales -Zia Haq

-Hindustan Times Sharmilla Dar, a government schoolteacher in east Delhi, is irritated about a sudden surge in vegetable prices in the last week after they had cooled considerably since a year ago. "Why can't the government keep things affordable?" she asks. For middle-class consumers, food inflation worries are creeping back in. The farm sector is hurting badly after a full year of unprecedented weather havocs - from a partial drought last summer...

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Targeted lending to farmers a must -Gopa Kumaran Nair and Nirupam Mehrotra

-The Financial Express In a column in The Financial Express, ("Time to tweak priority-sector lending", goo.gl/6O8AOL, February 6), the author made a case for "tweaking" priority-sector lending (PSL) norms which largely stipulate that the commercial banks direct credit towards certain vulnerable sectors and target population. Specifically, the article argued for revisiting the sectoral targets and cited a reduction in the share of agriculture sector in GDP as a valid reason...

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PM targets 'lies' in broadcast to farmers -Radhika Ramaseshan

-The Telegraph New Delhi: Prime Minister Narendra Modi today used his monthly radio broadcast to reach out to farmers and defend the controversial land acquisition bill, asking them not to be misled by the Opposition's "lies". He denied that his government's intended amendments to the UPA-steered 2013 land law favoured corporate houses and would deprive farmers even of the right to move court against a takeover of their land. Modi's speech launched the...

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India among 5 nations accounting for half of world’s hungry -Tomojit Basu

-The Hindu Business Line India measures poorest in terms of stunted children at 47.9% NEW DELHI: Five middle-income countries (MICs) which displayed strong economic growth in 2014 - India, Brazil, China, Mexico and Indonesia - account for 363 million, or a half, of the world's hungry, according to a report released on Wednesday by the International Food Policy Research Institute (IFPRI). The 2014-2015 Global Food Policy Report (GFPR) called on Governments of these...

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How not to treat agriculture -Jayati Ghosh

-Frontline If Budget 2015 is any indication, the Modi government is going beyond what could be called benign neglect of agriculture to policy moves that are likely to harm its viability. IT is scarcely surprising that farmers are upset with the Narendra Modi government. Indeed, the rosy dreams created by that famous campaign advertisement of the Bharatiya Janata Party (BJP), when farmers spoke of the high crop prices and better cultivation conditions...

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