-Live Mint FDI in retail and modernization of agriculture are two faces of the same coin In the season of elections animal spirits rule. India's equity markets have been ebullient for some time now. Spurred by a robust inflow of foreign investment capital, markets have reacted favourably. A lot now depends on the ability of the next government to enact meaningful structural reforms, especially in a sector such as agriculture that requires...
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Real cure for Inflation headache: Fix rural infrastructure, process more food
-The Economic Times Inflation - retail as well as wholesale - has increased in March over relatively benign levels in February. At 5.7%, the growth of inflation based on the wholesale price index ( WPI) was at a three-month high, compared to a ninemonth low of 4.7% seen in February. The Reserve Bank of India (RBI) now sets policy rates by looking at inflation based on the consumer price index (CPI)....
More »‘Jobless growth’ no more-Santosh Mehrotra
-The Hindu Since 2004-05, for the first time in the history of India, more workers have left agriculture for productive work in industry and services Higher than normal inflation, high current account deficit, a depreciating rupee and slowing GDP growth might hold true in recent times. However, when it comes to employment, the facts are quite different as between 2009-10 and 2011-12, non-agricultural employment grew rapidly. Between 1999-2000 and 2004-05, National Sample Survey...
More »Monsoon in 2014 likely to be below normal: Skymet
-The Business Standard Impact on farm output to depend on distribution of rains The southwest monsoon is likely to be below normal in 2014 because of the evolving El Niño, a warming of the Pacific Ocean that upsets weather patterns across the globe, according to a forecast issued on Tuesday by a leading private meteorological agency, Skymet. The official monsoon forecast by the India Meteorological Department (IMD) is due on April 25. Rain during...
More »Story from Bhajpur -Yoginder K Alagh
-The Indian Express Here, the MGNREGA and ration card are the people's lifelines. Himmatnagar is on the border of Gujarat and Rajasthan. Large numbers of Chelliah Muslims settled in its urban areas after the 2002 riots. There are some uplifting stories about the indomitable human spirit in their rehabilitation. But my story is about a place to the northeast of Himmatnagar, as you cross Radhanpur into Rajasthan. This is jungle territory and...
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