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Fish catch across India drops by 5% -Sudha Nambudiri

-The Times of india KOCHI: Fish lovers across India should brace themselves for some unappetizing news — odds are that those holidaying in Goa, Kochi or Kolkata will see a lesser number of sardines and hilsa shad on their seafood platter. Researchers have found that India's marine catch has dropped by 5% in 2014 when compared to the previous year, resulting in higher retail prices. As per estimates released by Central Marine...

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Ending India’s Agrarian Nightmare -Rupa Subramanya

-ForeignPolicy.com Roughly 600 million Indians are farmers -- the majority of whom would happily give it up for another job. So why is the Congress party so determined to keep them as peasants? In 1991, the Congress-led government of Indian Prime Minister P.V. Narasimha Rao passed a series of groundbreaking reforms that unshackled the economy from its tight state controls, transforming it into a market-oriented, globalized giant. Those reforms unleashed India’s...

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Too early to say deficit monsoon to hit rural lending -Abhijit Lele

-Business Standard A clear picture is likely to emerge only towards the end of June Mumbai: Rural distress owing to heavy unseasonal rains in March and the prospects of less-than-normal monsoon have made bankers “a cautious lot” at the start of this financial year. However, it is too early to conclude that the impact of rains, or the lack of it, would be bad. According to public sector bank executives, the assessment for...

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Is India’s labour market moving towards a May Day situation? -Roshan Kishore

-Livemint.com While economists disagree on the extent of rigidity in India’s labour regime, there is a broad consensus on the need to simplify labour laws After showing a sense of urgency initially, the Modi government seemed to have put labour law reforms on the backburner in between. Now, things are simmering once again as the government contemplates integrating three laws—the Trade Unions Act, the Industrial Disputes Act and the Industrial Employment...

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Sick policies, starving farmers -Amit Bhardwaj

-Tehelka Agrarian policies are proving to be an albatross around the neck of ordinary farmers Amon Singh Kevat, 70, a small farmer in Vidisha, Madhya Pradesh, spent three long days in April waiting for his harvest to be picked up from an open plot that served as a mandi (procurement centre for agricultural produce). In need of money for a marriage in the family, Kevat didn’t even go home for meals. But...

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