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Why higher govt spending is crucial to contain rural distress

-FirstPost.com Even as the Narendra Modi government has been making claims that India’s rural economy has gained pace under his rule, empirical evidence suggests that the health of country’s rural economy may not have improved much on account of declining or stagnant income levels. The situation, experts say, is unlikely to change in the near future as there are low chances of a revival in rural income generation. A survey by brokerage...

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India at WTO: a victory or bailout? -Roshan Kishore

-Livemint.com It is early days yet to claim victory in the larger struggle to correct the fundamental bias in WTO against developing countries The impasse regarding the implementation of the trade facilitation agreement (TFA) in the World Trade Organization (WTO) seems to be coming to an end after India and the US reportedly resolved their differences on the food security outcome of the Bali ministerial conference held last December. Apparently, the US...

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Trajectory of distress: From farm to factory

-The Economic Times Blog Two apparently unrelated events — a sharp fall in factory output growth and a spike in consumer price inflation —point to deep problems underlying the economy. September industry growth fell to 3.6%, the lowest in four months. Meanwhile, the consumer price index (CPI) went up to 5% in October, higher than the consensus estimate of 4.8%, headed north for the third successive month. The rise in prices is driven...

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Whitefly lesson -Jitendra

-Down to Earth A few villages in Haryana successfully grow cotton amid widespread destruction of the crop by whitefly in the region LOOK HERE, the red pest you see is Chrysopa,” says an excited Manisha, while navigating through her cotton field in Haryana’s Nidana village. “A single Chrysopa, a carnivorous pest, eats around 125-150 whiteflies a day,” says the 24-year-old. Further ahead in her 0.8-hectare cotton plantation, she picks another plant leaf...

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Unpaid subsidy means FCI to be starved of funds by December -Sandip Das

-The Financial Express Come January, Food Corporation of India (FCI), under a severe financial crunch, may be forced to trim its procurement operations. Come January, Food Corporation of India (FCI), under a severe financial crunch, may be forced to trim its procurement operations. Unless the finance ministry releases a good part of the unpaid subsidy of Rs 58,000 crore or let Life Insurance Corporation raise Rs 40,000 crore to support FCI soon,...

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