The advance estimate of national income in 2011-12, released recently by the Central Statistical Organisation points to a decline in India’s GDP growth rate from 8.4 per cent last year to 6.9 per this year. The government, obsessed with growth rates, is deeply disappointed. Hence there is already talk of the need to respond and demands that the Reserve Bank of India should reduce interest rates are being heard. There...

-The United Nations Global food prices rose overall last month for the first time in six months, demonstrating the volatility of international food markets, the United Nations Food and Agriculture Organization (FAO) reported today. The FAO Food Price Index rose by four points or nearly two per cent to a measure of 214 points in January, with the price of oils increasing the most, followed by cereals, sugar, dairy products and meat. This...

-The Economic Times   In 2007, 27-year-old Kaushalendra from Bihar shunned the placement frenzy, which would see many of his colleagues earn fat salaries, in favour of a more homespun alternative: Selling fresh vegetables on a push cart to residents of his hometown Nalanda.  Putting together whatever money he had, Kaushalendra began the venture in 2008 and soon started doing well. People didn't mind paying a little more if they saw value in...

Farmers and activists affiliated to different social organizations joined hands on Thursday to oppose land acquisition by the government for the proposed Delhi-Mumbai industrial corridor, under which 10,000 hectares land would be acquired for setting up four mega industrial projects in the district. "The activists have planned a meet at Bidkin, about 20 km from the city, on February 11 to chalk out the future course of action. Narmada Bachao Andolan...

-The Deccan Herald   Agri Minister doubts existing mechanism enough for roll out Agriculture Minister Sharad Pawar on Wednesday reiterated that augmenting grain production and overhaul of the Public Distribution System were critical to implementation of the Congress-led UPA Government’s ambitious National Food Security Bill. “I will be failing in my duty if I do not emphasise the fact that the Food Security Act will never succeed in achieving its goal in letter and...