-The Telegraph Inflation and a poor monsoon may add to our woes in an Economy already plagued with high unemployment and low demand The ministry of commerce has released the latest data on wholesale price index inflation. The data on food inflation have attracted attention as it soared to a 33-month high in April 2019. However, this rate of inflation is still moderate at 7.4 per cent. The inflation has been due...
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Cane growers in Maharashtra get cold feet due to drought -Radheshyam Jadhav
-The Hindu Business Line Output next season may see a steep fall Pune: The sugarcane cultivation in Maharashtra is likely to decline due to drought in 26 districts in the state. The State government is collecting the data of cane cultivation and according to sources the decline in cane cultivation will have a drastic impact on sugar production. Primary estimates show that production in the next season might be reduced to just...
More »Why an industrial policy is crucial -Santosh Mehrotra
-The Hindu No major country has managed to reduce poverty or sustain economic growth without a robust manufacturing sector The contribution of manufacturing to GDP in 2017 was only about 16%, a stagnation since the economic reforms began in 1991. The contrast with the major Asian economies is significant. For example, Malaysia roughly tripled its share of manufacturing in GDP to 24%, while Thailand’s share increased from 13% to 33% (1960-2014). In...
More »Sunaina Rawat and the dilemma of Bharat -Richard Mahapatra
-Down to Earth The new government has to focus on the rural population, their aspirations and the Economy By this time most of us know Sunaina Rawat. Still a brief introduction: she is a 12-year-old girl from a village in Uttar Pradesh. When the news channel NDTV’s head Prannoy Roy interviewed her on life and aspirations while covering elections, she immediately became one of the most imposing symbol for the country’s rural...
More »Supply squeeze, monsoon fears lift tur prices -Vishwanath Kulkarni
-The Hindu Business Line Prices of pulses — mainly Tur and Tur dal — are on the rise due to factors such as a supply squeeze, monsoon concerns and increase in consumption. Bengaluru: Tur prices in the major markets of Maharashtra and Karnataka have moved up by about ?1,000 a quintal over the past month to exceed the minimum support price (MSP) level of Rs.5,675. They are currently ruling at Rs.5,700-5,900 a...
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