-Down to Earth Studies indicate high food inflation As Met office predicts below normal rainfall because of El Nino this year, a study by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) has projected a 1.75 per cent GDP reduction and loss of hundreds of thousands of jobs in the unskilled sector. The report released recently says that five per cent deficit rainfall forecast by the India Meteorological Department (IMD) will...

-DNA   Farming is considered a patriotic enterprise, and nearly half of India's labour force is engaged in agriculture and allied activities. Almost everyone believes that in the election season, political parties should pledge to aid this patriotic endeavor to feed the nation. But, farming is a risky profession, and agricultural products form only 14% of India's total produce. After the economic reforms, the growth in agricultural GDP has averaged only 3.4%. Even...

-The Hindustan Times   The June 2013 disaster in Uttarakhand had taken many - including the state administration - by surprise. But it should not have been so because it was a tragedy waiting to happen. The immediate reason may have been a natural cause - the state was hit by its heaviest rainfall on record that month, causing lakes and rivers to burst their banks, inundating towns and villages downstream -...

-Reuters   The panel says hydro-power plants has led to the build up of huge volumes of sediment in rivers that is not managed properly New Delhi: Badly managed hydro-power projects in northern India were partly to blame for devastating floods last year that killed thousands of people and caused extensive damage, an environment ministry panel said in a report obtained by Reuters on Tuesday.   The panel findings highlight the problem facing India, one...

-The Business Standard   The Indian economy certainly has problems. But compared to the rest of the world, we will take ours any day Over the past couple of years, and particularly the past few months, we have become convinced that economists, the intelligentsia, fund managers, foreign brokers, don't read global macroeconomic news. All of the above have castigated the United Progressive Alliance (UPA) government for having ruined the economy, causing a massive growth...