-The Hindu Business Line But food prices rise to 33-month high of 7.37% New Delhi: Wholesale Price Index (WPI)-based inflation for April eased to 3.07 per cent, from 3.62 per cent in the same month last year. The latest WPI print was also lower than 3.18 per cent recorded in March this year. Build up inflation for the financial year so far was 0.75 per cent, lower than 0.86 per cent in the...
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Could the single engine driving India crash? Yes, if you go by one of Modi's top guys
-The Economic Times At a time when the shadow of a slowdown lengthens but the government steadfastly downplays any such concern, here comes a cracker of an observation from one of India's most celebrated economists who also happens to be a vital cog in Modi's policy team. In an interview to NDTV, Rathin Roy, member of the Prime Minister's Economic Advisory Council (PMEAC) and Director of National Institute of Public Finance &...
More »The middle income trap that India must avert
-Livemint.com A top economic adviser has flagged the risk of stagnation that lack of inclusive growth could cause. We must reduce inequality and help everyone achieve upward mobility The warning by Rathin Roy, a member of an economic panel advising Prime Minister Narendra Modi, that India could be headed for a “structural crisis" has sparked a debate on whether the Economy’s days of high single-digit growth rates are a thing of the...
More »PepsiCo India withdraws cases against Gujarat potato farmers
-The Hindu Business Line Activists say the fight to establish farmers’ right to seeds will continue Ahmedabad: The battle of a multinational-versus-farmers over potato seeds came to an end on Friday, with PepsiCo India Holdings Pvt Ltd withdrawing cases against nine farmers filed in two Gujarat courts. On Friday, PepsiCo sought an early hearing in the cases of Intellectual Property Rights (IPR) infringement and applied to withdraw the law suits. It had filed...
More »FinMin says GDP overestimation due to MCA data a 'misconception'
-Business Today A release from the government said that media has misinterpreted the out-of-survey enterprises to be enterprises that do not exist in the Economy report. Refuting charges that the GDP numbers put out by the government may be over-estimated due to 'shell' companies which are untraceable, the government has said that the extent of overestimation of GDP in all likelihood is marginal. Clarifying the problem pointed out by the Technical Report of...
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