-The Hindu Reforms must be part of a continuing agenda. The basic principle guiding reforms must be to create a competitive environment with a stress on efficiency. In many ways the coming decade will be crucial for India as growth is the answer to many of its socio-economic problems The data on national income released recently give a new twist to India's growth story. The most significant change is with respect to...

-Business Standard While the revised estimates of the gross domestic product (GDP) suggest the Indian economy turned the corner in 2013-14, concerns remain over the durability of this nascent recovery. Particularly worrying is the recent slowdown in rural wage growth, which signals a weakening of rural demand. Growth in rural wages, which had averaged 18 per cent in the previous few years, fell to less than five per cent in September...

-HuffingtonPost.in   Corruption in the Public Distribution System has been cited by the Indian government as the main reason to go for cash transfers to low-income and below-poverty-line families that qualify for receiving them. Such corruption includes siphoning off grains meant for the poor by middlemen and then selling them in the open market to make profit, or higher income families receiving subsidized food through collusion with officials. Both lead to leakages and...

-PTI Mumbai: Seasonal spurt in vegetable prices next month could partly reverse the benefits of low global oil prices reducing inflation and increasing disposable incomes, the Reserve Bank of India (RBI) warned on Tuesday. "The sharp reduction in oil prices as well as in inflation is likely to increase personal disposable incomes and improve domestic demand conditions in the year ahead," the central bank said in its monetary policy document. Inflation, excluding food...

-The Times of India NEW DELHI: Prices of most food items have been inching up relentlessly through the past year despite several so-called reforms in management of food supply chains. While staples like wheat flour and rice have become marginally costlier, prices of pulses like masoor and arhar have soared by up to 30%. Barring a few exceptions, prices of vegetables and fruits have shot up by 20 to 50%, and...