-The Hindu The next few quarters call for focus on consumption, private investment, agriculture and exports There was a collective sigh of relief when the second quarter GDP data were released officially by the Central Statistics Office (CSO). The government folks were relieved that a declining trend of four consecutive quarters of growth had finally been reversed. The forecasters and economists were relieved that the announced data had mostly conformed to their expectations....

-The Hindu Business Line Procurement of the excess output vis-a-vis a normal year, rather than open-ended purchase, is a viable option A bountiful harvest that implies an increase in output may not always increase the nominal income of the farming sector, which is subject to the behaviour of input and more particularly output prices, which may sometimes move sharply. There can, therefore, be years in which there is a sudden and sharp...

-PTI Centre for Science and Environment (CSE) says all cities should be mandated to implement clean air action plan in a time-bound manner to meet clean air standards New Delhi: A green body on Tuesday called for the implementation of an emergency plan to address air pollution, after a Lancet Journal report said it was the second leading risk factor for health loss in India last year. Expressing shock at the loss of...

-The Times of India blog With the approaching winter the air quality in many Indian cities, especially in Delhi, becomes a public health hazard. Something so fundamental as breathing easy can no longer be taken for granted. It’s a wake-up call worthy of a civic revolution. For decades now those who could afford it (very much including this writer), have seceded from public services. The Indian elite send their children to expensive...

-The Hindu The top 1% of earners captured less than 21% of total income in the late 1930s, before dropping to 6% in the early 1980s and rising to 22% today, says renowned economist Lucas Chancel According to a research paper by renowned economists Thomas Piketty and Lucas Chancel, income inequality in India is at its highest level since 1922, the year the Income Tax Act was passed. In December, they will...