Last week, the Indian Meteorological Department (IMD) released its first annual monsoon forecast for June-September. Monsoons are likely to be normal with the probability of deficient or excessive monsoons being relatively low, according to IMD. If this prediction comes true, what does this really mean for India's economy? Impact on agricultural output: The first and most important impact is, of course, on agricultural production, especially in the kharif or summer season....

A survey of 71 cities across the country conducted by the Centre for Science and Environment (CSE) has shown that officially 82 per cent of all the water that municipalities of these cities supply comes from surface water resources, and the rest comes from groundwater resources. But of these 71 cities, 11 depend almost completely on groundwater for public water supply. In the remaining, agencies supply water from surface sources by...

A campaign to help the elderly spend the evening of their lives with dignity and without want is being launched by Pension Parishad with a dharna in Delhi from May 7th to May 11th 2012 at Jantar Mantar, New Delhi. The idea is straight and simple, and is something whose time has come. Just read on and reach the venue for more information and interviews with the campaign participants.   “One...

The robust 9 per cent –plus growth in South Asia till 2010, driven largely by India, where it came down to around 7 per cent in 2011-12, had one major qualifier: it was mostly associated with a rapid rise in labour productivity rather than an expansion in employment, according to the latest report Global Employment Trends from International Labour Office. Up until the end of the millennium, that is just a...

High inflation and moderate economic growth seem to have taken away the "feel good" factor for many Indians. Gallup's Financial Wellbeing Index, released on Monday, showed that 31% of Indians rated their present and future lives as "suffering" compared to 24% in 2011. Similarly, only around 13% said that they are "thriving" compared to 21% a year ago. The biggest jump in the "suffering lot" is in the middle 20% population, where...