-Frontline.in The Modi government has apparently realised that the private sector is not up to the task of driving growth. It hopes to fund its neoliberal dream of India becoming the fastest-growing emerging market through a combination of off-Budget borrowing and drastic expenditure reduction in key social sectors. IT will soon be a year since the National Democratic Alliance (NDA) government under Prime Minister Narendra Modi took office at the Centre....
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Miles to go for achieving food security
Those who compare India with China on equal basis, could be left with egg on their face if the new Global Food Policy Report 2014-15 is to be read and believed. The recent report from International Food Policy Research Institute (IFPRI) shows why India is still faring much worse as compared to its neighbours including China, in the areas of agriculture and food security. In 2012, China spent close to...
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-Business Standard Unpredictable weather may impact 30 per cent of the harvest India has been hit by unusual weather. Much of the country has endured unseasonal rain, even hailstorms. In the process, nearly 30 per cent of the rabi planting seems to have been spoiled, with adverse implications for food availability and inflation, as well as farmer distress. The first half of March has been unusually cool, besides being the wettest for...
More »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...
More »Farmers caught in a vicious debt cycle -Sahil Makkar & Sanjeeb Mukherjee
-Business Standard Marriages on hold, children being returned from schools over unpaid fees; the rural economy is bearing the brunt of unseasonal rains, a crisis in the sugar cane sector and a fall in prices of farm pro Hapur/ Meerut: In the mid-afternoon, when most farmers are returning home to rest, Rana Ranjit Singh is sweating buckets on his farm in Uttar Pradesh's Hapur district, searching for vegetables left undamaged after untimely...
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