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Retail inflation inches up in June even as industrial growth slows down in May

-The Hindu Business Line A surge in the prices of meat, Fish and pulses pushed the rate of retail inflation a tad higher to nearly 3.2 per cent in June. Meanwhile, industrial production still seems to be in the slow lane, with 3 per cent growth in May. Rate cut possibility These two indicators will play a key role in the monetary policy review to be undertaken by the Monetary Policy Committee (MPC)...

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Budget 2019: A pro-farmer slant but just a field of dreams -Sayantan Bera

-Livemint.com * FM vows to invest widely in agriculture infrastructure, but offers little to revive rural income and demand * In terms of new schemes, the budget announced Pradhan Mantri Matsya Sampada Yojana for the Fisheries sector and another to boost traditional industries In March 2018, Rakesh Sangwan, 27, a farmer in Haryana’s Charkhi Dadri, stopped watering his tomato plants. The crop slowly withered away and, subsequently, it was mowed down by a...

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With little allocation for agriculture, budget sends a worrying signal -Ashok Gulati

-The Indian Express One notable thing was the absence of emphasis on doubling farmers’ real incomes by 2022. Perhaps the reality that this is an uphill task has dawned on the government — it may not achieve even half the target. In her first budget speech, Finance Minister Nirmala Sitharaman reminded us of the famous quote from M K Gandhi, that the “soul of India lives in villages”. She also said...

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Reviving traditional harvesting systems can unlock 6,000 crore litres of water -Mohit M Rao

-The Hindu Bengaluru: In the arid Budnahatti village just beyond Challakere, the four borewells dug to provide villagers with drinking water have started drying up because of consecutive droughts. “There is barely one inch of water yield from here, not enough for everyone in the village. We have requisitioned authorities to drill three more borewells, but we may have to go more than 1,000 feet deep to get some water,” says Eswarappa,...

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The farm-factory connect -Ashok Gulati

-The Indian Express Raising farm productivity is the first step to increasing rural demand and reviving the manufacturing sector As per the last report of National Statistical Office (NSO) released on May 31, the Gross Value Added (GVA) at basic prices (2011-12 prices) for the fourth quarter (Q4) of 2018-19 has slumped to 5.7 per cent for the overall economy, 3.1 per cent for manufacturing, and -0.1 percent for agriculture, forestry...

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