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Some good news: Farm sector likely to grow over 5%-Surojit Gupta & Sidharth

-The Times of India NEW DELHI: Agricultural GDP is likely to grow by over 5% this year thanks to the most abundant rains in nearly two decades, a government thinktank has forecast. If the prediction turns out right, it could help tame food inflation, provide a much-needed boost to rural incomes and a knock-on effect on other sectors of the economy. The demand for two-wheelers, tractors and mobiles, in particular, could rise...

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Kerala takes objection to Rajan report

-The Hindu ‘Report goes against the provisions of Constitution' THIRUVANANTHAPURAM: Chief Minister Oommen Chandy will convey to the Centre Kerala's objections to the Raghuram Rajan Committee report on evolving a composite development index of States, during his visit to New Delhi on Friday. The Chief Minister, who left for New Delhi via Bangalore on Thursday, will call on ailing Defence Minister A.K. Antony, hold political discussions with the Congress high command, and meet...

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Unpacking the Bihar story -Rajesh Chakrabarti

-The Indian Express Bihar Chief Minister Nitish Kumar has more than one reason to cheer the Raghuram Rajan committee report's ranking of states on composite development. Apart from being put close to the bottom of the ladder in the new index of underdevelopment, Bihar also scores near the top in "performance", that is, the reduction of underdevelopment - a most sensible parameter introduced in the report - far ahead of Narendra...

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Medicines to get lot cheaper under new drug price policy -Soma Das

-The Economic Times NEW DELHI: Getting better is getting cheaper. The new drug price policy, the first after 18 years and expected to fully come into effect over the next six months, will reduce average middle class household spend on medicines by over 20%. For some crucial medicines, savings could be as much as 50% or more. The drug price regulator is crunching numbers to measure the impact of the new pricing...

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Won’t foot food bill: States -Dipak Kumar Dash

-The Times of India NEW DELHI: Several states want the Centre to foot the bill for all associated expenses such as transportation and commission to ration shops under the Food Security Act when it takes the credit for the scheme. Almost all states including Congress-ruled ones asked the Centre to bear these expenses which is estimated to be around Rs 10,000 crore annually. While most states represented by food ministers on Tuesday...

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