-Live Mint By giving in to pressure from the US and EU, India has landed itself and the developing world in a bad trade deal The stenographic cacophony in the Indian media had a singular triumphalist message from the ninth World Trade Organization (WTO) ministerial meet in Bali: India had secured a major victory by safeguarding its food security programme and stood its ground against the US and the European Union...
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Why NREGA wage hike is bad news for the economy-Shishir Asthana
-The Business Standard Politics of populism will impact the government's fightback against inflation Mumbai: With the benefits of Food Security Bill failing to kick in, government is back to playing the card which many claim helped it win the previous election. It is looking to make a substantial hike in wages under the Mahatma Gandhi National Rural Employment Guarantee Act (NREGA), according to a latest report by Economic times. A panel...
More »Patna tops cities in unemployment: Survey -Mahendra Singh
-The Times of India NEW DELHI: Patna recorded the highest unemployment rate among males in 2009-10 in cities with more than one million population, while Bhopal witnessed the sharpest decline, a government survey showed. The survey by the National Sample Survey Organisation (NSSO) also showed the unemployment rate among women rose to 5.6% in 2009-10 from 4.3% in 2004-05 in cities. The unemployment rate among males remained stagnant at 3.4% in...
More »Some good news: Farm sector likely to grow over 5%-Surojit Gupta & Sidharth
-The Times of India NEW DELHI: Agricultural GDP is likely to grow by over 5% this year thanks to the most abundant rains in nearly two decades, a government thinktank has forecast. If the prediction turns out right, it could help tame food inflation, provide a much-needed boost to rural incomes and a knock-on effect on other sectors of the economy. The demand for two-wheelers, tractors and mobiles, in particular, could rise...
More »Gujarat: Sifting fact from fiction -Yoginder K Alagh
-Live Mint Gujarat has grown faster than the national average—a point worth noting. But there’s no need for drumbeats Gujarat's economic performance has been facing great scrutiny ever since chief minister Narendra Modi emerged as one of the top prime ministerial candidates of the Bharatiya Janata Party (BJP). I have been asked to compare Gujarat's economic performance during the past decade with that in the past and separate fact from fiction...
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