-The Economic Times None of the standard explanations quite explain the rise in food prices India has seen: pronounced since 2006 and alarming after 2010. Drought and poor rains? The country has seen good aggregate rainfall in most of those years. Spike in global prices? Those were high in 2007-08, not now. Fragmented value chains that allow middlemen to grab large margins? The value chain has always been fragmented. Growth has slowed...

-PTI Reserve Bank Governor Raghuram Rajan has dismissed the notion that the rural employment guarantee programme is behind the massive spurt in wages in rural areas. "On the NREGA (National Rural Employment Guarantee Act), there is clearly a lot of sense that this has increased rural wages tremendously. I would argue that clean, trustworthy studies say that the effect was may be 10 per cent," Rajan told an audience here last week. It...

-The Telegraph The Congress today slammed the Centre for linking food inflation to increased incomes and changing diets and asked if it intended to scrap its predecessor's welfare schemes that had raised poor families' purchasing power. Ironically, Congress ministers used to cite similar reasons for the rising prices. But spokesperson Randeep Surjewala accused the government of "insulting" the people and said it was a matter of satisfaction and pride that incomes were...

-The Times of India NEW DELHI: Top cardiologists of the All India Institute of Medical Sciences (AIIMS) here have decided to start an initiative called the Society for Less Investigative Medicine (SLIM) - a movement that aims to take on the growing menace of excessive medical investigations, starting with cardiology. Several studies across the world have conclusively established that generalized annual health check-ups are unnecessary and add enormously to healthcare costs without...

Punjab, which was known to be the land of agricultural prosperity during the 1970s and 1980s thanks to the Green Revolution, has increasingly witnessed its small and marginal farmers being pushed out of the agricultural sector. Based on a survey (conducted in 2012-13) of 288 farmers from 12 villages—2 villages from each of the 6 districts that represent various agro-climatic zones—the study by Sukhpal Singh and Shruti Bhogal reveals that...