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India Rural Development Report 2012/13 launched

-Press Information Bureau The India Rural Development Report 2012/13 was released here by Shri Jairam Ramesh, Minister for Rural Development, Government of India. The Report was prepared by IDFC Foundation in collaboration with network partners, the Centre for Economic and Social Studies (CESS), the Institute for Rural Management Anand (IRMA), and the Indira Gandhi Institute of Development Research (IGIDR), with contributions from several other researchers, experts and civil society organisations. On...

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Ripple effect of rising fuel prices: Get used to high food prices, RBI can do little to counter them -Avinash Celestine

-The Economic Times Like his predecessor, RBI governor Raghuram Rajan too remains worried about inflation. And despite repeated attempts, the RBI has had mixed success in taming prices. Reserve Bank of India governor Raghuram Rajan has clearly decided to play spoilsport to the markets. By making it clear that he, like his predecessor, remains worried about inflation, he has also effectively signalled that with consumer prices at 9.5%, markets shouldn't expect those...

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Pulling manufacturing out of the rut-Arun Maira

-The Hindu It is the only sector that can create jobs and prevent the economic crisis from deepening In the last two decades, the Indian economy has witnessed a transformational change to emerge as one of the fastest growing economies in the world. Economic reforms unveiled in 1991 have brought about a structural shift enabling the private sector to assume a much larger role in the economy. GDP growth has largely been...

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Onions drive inflation to six-month high at 6% in August-Somesh Jha

-The Business Standard Central bank chief Raghuram Rajan likely to retain stance later this week, say economists Inflation in onions skyrocketed to 244.62% in August against already high 119.4% in the previous month, jacking up the the rate of wholesale price rise to a six-month high of 6.10% from 5.8% in July, official data showed today. Ironically, onion prices can't be brought down by interest rate policy, but it is all set to...

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Stringent Safety Norms in Agriculture after NBRA: Centre

-Outlook Gandhinagar: A more stringent safety regime will be in place for genetic engineering in agriculture or medical sciences once the National Biotechnology Regulatory Authority (NBRA) Bill is cleared by Parliament, a senior official said here today. "The NBRA bill has been introduced in Parliament and being debated. Once it (bill) is cleared, a more stringent safety regime shall be in place for genetic engineering, be it in the agriculture space or...

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