-Business Standard While the revised estimates of the gross domestic product (GDP) suggest the Indian economy turned the corner in 2013-14, concerns remain over the durability of this nascent recovery. Particularly worrying is the recent slowdown in rural wage growth, which signals a weakening of rural demand. Growth in rural wages, which had averaged 18 per cent in the previous few years, fell to less than five per cent in September...
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The twist in the growth story -C Rangarajan
-The Hindu Reforms must be part of a continuing agenda. The basic principle guiding reforms must be to create a competitive environment with a stress on efficiency. In many ways the coming decade will be crucial for India as growth is the answer to many of its socio-economic problems The data on national income released recently give a new twist to India's growth story. The most significant change is with respect to...
More »High pesticides in vegetables and other foods: Government report
-PTI NEW DELHI: A high level of pesticides was found in 509 samples out of 16,790 comprising veggies, fruits, spices, rice, wheat and other food items in 2013-14, said a latest government report. Most of the vegetables showed relatively higher pesticide residue detection in rainy season followed by summer and winter seasons, it said. However the samples of meat, milk and surface water did not have pesticides above maximum residue level, it...
More »Female sterilization up 36%, males’ dips 24% -Himanshi Dhawan
-The Times of India NEW DELHI: Despite the botched Chhattisgarh sterilization the number of women who underwent sterilization surgery increased by 36% even as male sterilizations dropped to below 25% last year. According to health ministry data accessed through RTI the number of female sterilizations has increased from 30.22 lakh in 2012-2013 to 41.28 lakh in 2013-2014. Male sterilizations-which were already low-dropped further from 1.20 lakh to 91,652 in the same period. A...
More »Dispossession, development and democracy -Michael Levien
-The Hindu While liberalisation's backers are not squeamish in admitting that democracy is an impediment to the free market economic model, farmers who are dispossessed of land argue that they are undercompensated and that the profit of private companies is not a public purpose Since it was passed by Parliament in September 2013, the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act (LARR) has been criticised from...
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