-Livemint.com Telangana 9th state to declare drought, adding to the agrarian crisis and posing a threat to the rural economy New Delhi: Telangana has declared a drought in parts of the state, becoming the ninth state this year to do so, highlighting the agrarian crisis that could cause a likely fall in the production of rain-fed crops such as pulses, oilseeds and cotton, and result in a further slowing of the...

-The Economic Times Blog Two apparently unrelated events — a sharp fall in factory output growth and a spike in consumer price inflation —point to deep problems underlying the economy. September industry growth fell to 3.6%, the lowest in four months. Meanwhile, the consumer price index (CPI) went up to 5% in October, higher than the consensus estimate of 4.8%, headed north for the third successive month. The rise in prices is driven...

-The Indian Express Punjab is a case study in agricultural and economic mismanagement in India From the breadbasket of India, Punjab has become a basket-case economy. Endowed with ample water and good soil, Punjab’s happy, progressive people had a dream that is now a distant memory. Punjab’s decline started with its trifurcation. In its bid to establish a separate identity, the poli-tical establishment obsessed over a religious-political agenda and steered the state...

-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...

-Business Standard Indian farming is labour intensive as mechanization is expensive. This model might change it while keeping the cost very low. The single biggest challenge in farming is debt. A large share of farmers’ insurmountable debt burden comes from purchase of farm equipment. Mechanized farming results in higher productivity but is notoriously capital intensive. A 40 HP tractor with 2 basic implements (a rotavator and a cultivator) and a trolley costs...