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Moderate inflation is a passing phase: Economists -Ishan Bakshi

-Business Standard A monsoon deficit is likely to affect the agriculture output, which could have an impact on the food inflation The sharp fall in inflation over the past few months has raised the clamour for interest rate cuts. With the Consumer Price Index (CPI) falling to 5.5 per cent in October from 6.5 per cent a month ago, which is below the central bank's target of six per cent by January...

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Steady rise in fruits and veggies production

Despite high prices of fruits and vegetables, India's area under horticultural crops - mainly fruits, vegetables, spices and flowers - has doubled in around twenty years (between 1991-92 and 2012-13). This has resulted in increase in production of horticultural crops nearly threefold (2.8 times). A new report from the Ministry of Agriculture says that the area under horticultural crops during this period rose from 12.77 million hectares to 23.69 million...

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Experts concerned over water consuming crops, climate change

-PTI Chandigarh: Experts at the Commonwealth Parliamentary Association (CPA) meeting on agriculture here today raised concern over high water consuming crops after the advent of green revolution. They pitched in favour low water consuming, heat-resistant high-production crops. On the second day of the session on impending food crisis of the world due to explosion of population, they stressed on finalising a blueprint to enhance agriculture production by at least 50 per cent by...

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Why some economists are worried about the fate of NREGA under Modi govt -Debobrat Ghose

-FirstPost.com What compelled a group of leading economists from India and abroad to shoot a letter to Prime Minister Narendra Modi regarding the government's job scheme - the National Rural Employment Guarantee Act or NREGA? Is it to speak out against the government's desperation to throttle the scheme or did the economists sense any ulterior motive behind the government's move? A section of prominent Indian economists working out of the country or...

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Making MGNREGA deliver better -Rajiv Kumar

-The Financial Express The proposed MGNREGA changes can help plug the leakages and enhance agriculture productivity There is good news about the Mahatma Gandhi National Rural Employment Guarantee (MGNREGA) scheme. Recent press reports reveal that the rural development minister, Nitin Gadkari, has instructed lowering of the mandatory share for unskilled wages in total expenditure from the current 60% to 51%. He has also directed, quite rightly, that 50% of the expenditure be...

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