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Free power, the bane of farming in Punjab -Arvinder Walia & Jasmine Sharma

-The Hindu Business Line No crop diversification efforts will work so long as free electricity offsets the costs of pumping out groundwater Subsidies have for long been a necessary evil, a vote-bank silver bullet. But its relevance stands challenged in today’s increasingly market-oriented economic order. The recent US declaration of giving differential treatment to developing countries, with regard to farm subsidies, brings up the long standing issue of slashing subsidies that have...

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Inflation is down? Really? -Rajalakshmi Nirmal

-The Hindu Business Line The numbers may look good but the consumer’s monthly budget hasn’t eased up. Here are four reasons why the common man has no respite from inflation It’s official! Inflation is down. The wholesale price inflation has been in negative territory for the last eight months. CPI, the consumer price-based inflation, has also dropped, from 8-8.5 per cent in the beginning of 2014 to sub-5 per cent now. Inflation...

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Veggies are cheaper, tomato cheapest but onions as costly -BB Nayak

-The Times of India MUMBAI: A glut of fresh produce has brought down vegetable prices all over the city. Prices of lady's finger and beans dropped to Rs 40 a kg from Rs 60 while that of cabbage dipped to Rs 20 from Rs 30 in the retail market. The biggest drop is seen in the price of tomatoes, which now sell at Rs 18 a kg, down from last week's Rs...

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Natural farm products get boost with new project -Jabir Mushthari

-The Hindu Kerala: 'Vithu Muthal Vipani Vare Vishudhi' launched by Earth Care Foundation to ensure maximum price for farmers and toxin-free food for consumers. The Earth Care Foundation Trust, a non-profitable organisation working for spreading zero-budget farming methods, has launched a project ‘Vithu Muthal Vipani Vare Vishudhi’ in the district on Tuesday aimed at ensuring a steady market for the produces of registered natural farmers. Besides, the trust also aims at giving them...

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Forget Inflation Targeting -Prem Shankar Jha

-The Indian Express   It has only managed to kill manufacturing and employment growth    In the 1950s, misapplied economic policies gave India one of the lowest growth rates in the world for 30 years, and left it behind East and Southeast Asia. Now another set of policies is completing its economic ruin. The architect of this is the RBI and its instrument of choice, the interest rate. Indian business has been begging for a...

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