-Live Mint There is no dearth of advisors for a government considered to be in the grip of a policy paralysis and whose prime minister is dubbed an “underachiever”. In this season of India-bashing, US President Barack Obama spared some time from his election campaign and offered some pearly words of wisdom on the Indian economy. This came at a time when in his own backyard, thousands of people marched in...

-The Hindustan Times Prime Minister Manmohan Singh has called a meeting on Wednesday to consider uniform legal entitlement of subsidised foodgrains to 67% of the country's population under the National Food Security Bill. The meeting will discuss whether to accept the alternative plan, suggested by over 30 leading experts and economists, for easy and early implementation of Food Bill, a pet project of UPA Chairperson Sonia Gandhi. The experts, including plan panel member...

-The Telegraph The poor rainfall performance is likely to impact India’s rice yield this year, a senior agrometeorology scientist said today amid growing concerns over the rainfall deficit persisting 45 days into the monsoon season. Rainfall activity over the past week has reduced India’s land area under rain stress from 82 per cent on July 7 to 59 per cent today, but the cumulative rainfall is still 21 per cent below normal,...

-AFP Annual monsoon rains, crucial to India's economy, covered the country on Wednesday but remained 23 percent below average, sparking fears of their impact on two cereal-producing states. The pounding rains that sweep across the continent from June to September are dubbed the "economic lifeline" of India, which is one of the world's leading producers of rice, sugar, wheat and cotton. "The monsoon is covering the entire country today with parts of Gujarat...

-Inclusion.in There is good news. And there’s bad news. The good news first. There’s been a bumper wheat crop and the granaries are overflowing. And the bad news? Where do we begin? A lot of that grain will rot. Millions will still remain hungry. Heavily in debt and distressed, farmers are committing suicide. Food prices are soaring. There’s more… Farmers don’t have money. Their land is too small and isn’t yielding much. Fertilisers and...