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It’s official: Indian economy slowed to a 10-year low of 5% in 2012-13

-The Times of India The Indian economy grew at its slowest pace in a decade in 2012-13, posing another fresh challenge for the UPA coalition to revive growth and boost sentiment ahead of the general elections next year. Data released by the Central Statistical Organization (CSO) on Friday showed that the economy grew 5% in 2012-13, compared to 6.2% expansion in the previous year. It was in line with the advanced...

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India chickens out of international students assessment programme again -Hemali Chhapia

-The Times of India MUMBAI: After an embarrassing show in 2009, India has backed out of the Programme for International Student Assessment (PISA) slated for 2015. The programme is a global evaluation process by the Organization for Economic Cooperation and Development (OECD) secretariat that gauges where schoolchildren stand alongside their peers from other countries. This academic Olympics measures the performance of 15 year olds in reading, math and science. Indians were put...

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Foodgrain production in kharif season likely to increase by 8% -Jacob P Koshy and Ragini Verma

-Live Mint The kharif crop may improve by 8.1% to 135 million tonnes, after falling by 2% last year due to weak monsoon Foodgrain production in India's kharif season, the summer crop, is estimated to increase by a little more than 8% this year on expectations of normal monsoon rains, boosting hopes of a recovery in Asia's third largest economy and a decline in food price inflation. The kharif crop may improve by...

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Is malnutrition in India a myth? -Pramit Bhattacharya

-Live Mint Some commentators dismiss the seriousness of India's nutritional crisis as it fails to account for genetic differences With one in two children malnourished in India, child malnutrition is considered to be among the biggest challenges facing the country. But are these figures highly exaggerated? The answer is a resounding yes, according to Columbia University economist Arvind Panagariya, who believes that the international standards used to measure nutritional attainments of...

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Foodgrains output exceeds target for 2013-Gargi Parsai

-The Hindu The Centre on Friday revised its foodgrains production estimate upwards by 5.22 million tonnes for 2012-13 over earlier expectation on account of higher output of rice, wheat and coarse cereals. The total foodgrains output is now estimated at 255.36 million tonnes with wheat production pegged at 93.62 million tonnes and rice at 104.22 million tonnes. "We have every reason to be fairly satisfied," Union Agriculture Secretary Ashish Bahuguna told The Hindu...

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