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What's cooking in inflation numbers?-Soumya Kanti Ghosh

-The Business Standard Changing aspirations and strong rural demand could explain why core inflation may not decline fast enough Recently, the Reserve Bank of India governor exuded confidence that the Indian economy will do fairly better in the current fiscal. While it is difficult to envisage a significant turnaround, we believe interpreting the recent inflation uptick may be the key to such optimism. We also think that inflation (both wholesale and retail)...

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India set for bumper winter crops in wake of monsoon rains

-Reuters NEW DELHI/MUMBAI: India looks set for bumper harvests of winter crops such as wheat, chickpeas and rapeseed in the wake of a strong monsoon that has left the soil moist and topped up reservoirs. The crops will follow bountiful summer harvests of rice and soybeans due to the rains, with New Delhi looking to boost agricultural growth to cool double-digit food inflation and revive a slowing economy as manufacturing struggles. With next...

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Underweight and Stunted Children: The Indian Paradox -R Nithya

-Newsclick.in Recent studies have shown that even as India fares better than many developing regions of the world on several indicators of growth and development such as GDP, per capita, Purchasing Power Parity (PPP), literacy, life expectancy, etc., the number of malnourished children in India is significantly high. What explains this paradox? The Union Cabinet recently approved a multi-sectoral nutritional programme proposed by the Ministry of Women and Child Development to reduce...

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India has half the world’s modern slaves: Study

-The Times of India Sixty-six years after independence, India has the dubious distinction of being home to half the number of modern day slaves in the world. The first Global Slavery Index has estimated that 13.3 to 14.7 million people live like slaves in the country - roughly equal to the population of Kolkata. The index, published by the Australia-based Walk Free Foundation, ranked 162 countries based on three factors that include...

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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...

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