-The Economic Times Consumer inflation touched a seven-month high in October denting hopes of rate cut when the Reserve Bank of India reviews the monetary policy next month. Retail inflation, as measured by the Consumer Price Index (CPI) rose to 3.58% in October from 3.28% in September, data released by the government showed. “While we expect the RBI’s March 2018 projection to be revised down a notch, but October’s CPI and the likelihood...
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Hunger and the nation: Examining food politics and policy in India -Swati Saxena
-Tehelka.com Learning from the recent starvation deaths in Jharkhand, the nation’s leaders must pay heed to the necessity of ensuring food security for all Food and hunger have been important issues this past month and the news has not been welcome. First it was India’s dismal rank in the Global Hunger Index (GHI) 2017 released by the International Policy Research Institute rankings — 100th among 119 countries. GHI looks at undernourishment, child...
More »Karnataka government sees big scope for millets, pushes their cultivation -V Sajeev Kumar
-The Hindu Business Line The Karnataka government’s efforts to popularise millet cultivation seem to be yielding results, thanks to a rising consumer demand based on awareness about healthy alternatives. Krishna Byre Gowda, Karnataka’s Agriculture Minister, cited drought, climate change and erratic monsoon as the driving factors for popularising millets such as ragi, jowar and bajra. These are less water-intensive crops compared to paddy or sugarcane and a shift to millet cultivation will help...
More »Jan Dhan accounts keep villagers sober, slow rural inflation: Study -Surojit Gupta
-The Times of India NEW DELHI: Village residents who opened bank accounts under the Prime Minister's Jan Dhan Yojana (PMJDY) may be saving more and cutting back on their consumption of alcohol and tobacco, a study by the economic research wing of the State Bank of India (SBI) suggests. This may have also slowed inflation in rural areas. When the PMJDY programme was launched there were fears that higher circulation of money...
More »RBI surveys show general economy in 'pessimistic zone', jobs big worry -George Mathew
-The Indian Express Employment prospects have been the biggest cause of worry for respondents, with sentiment plunging further into the pessimistic zone; the outlook on employment has also weakened in the last two rounds. Mumbai: A SERIES of surveys undertaken by the Reserve Bank of India (RBI) have indicated that more people see consumer confidence declining, business sentiment in manufacturing dipping, inflation on the rise and growth sliding. The findings are in...
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