-The Business Standard Contrary to earlier claims, farm growth may be robust The projection by the Commission for Agricultural Costs and Prices (CACP) of robust agricultural growth of above five per cent and a consequential handsome rise in rural incomes comes as a silver lining to India's otherwise gloomy economic scene. The CACP's reckoning, based on a rigorous mathematical model, virtually discounts the agriculture ministry's kharif crop output estimates (called first advance...
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Roads and mobile phones have taken India's growth to Bharat-Neelkanth Mishra
-The Economic Times Sometimes, putting one and one together does make 11, but many of us seem hardwired in our thoughts to assume rural income growth is a zero-sum game. For example, some people believe subsidies have driven the 15-20 per cent a-year growth in rural wages over the last five years. They come up with "explanations", including "people are selling land and consuming", "rising minimum support prices", and "NREGA is...
More »Food inflation: How to decode the onion price puzzle-Usha Tuteja
-The Economic Times It is ironical that food inflation surged to around 18% in August when agriculture is the primary hope in the economy. The culprit was mainly vegetables and, within that, onions. Onions are once again in the news due to steep rise in retail prices by almost 25% in a fortnight. Safal outlets in Delhi have set the price at Rs 60 per kg whereas some other retailers are charging...
More »Global cereal production set to increase by eight per cent this year –UN food agency
-The United Nations The global supply of cereal this year will surpass the 2012 level by nearly eight per cent, the United Nations food agency reported today, as it also announced a drop in global food prices for the fifth consecutive month. In its Crop Prospects and Food Situation report, the Food and Agriculture Organization (FAO) said the increase is mainly the result of an 11 per cent anticipated expansion in coarse...
More »Why the land wars won’t end-Anumeha Yadav
-The Hindu Most of the acquisitions by the Central government and public sector companies in the country's resource-rich State are under laws that bypass the new land Bill The UPA has claimed the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement (LARR) Bill 2013 passed by both Houses will reduce forcible acquisition and help tackle Naxalism in mineral-rich areas. But with Coal Bearing Areas Acquisition and Development (CBA)...
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