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IMF forecasts 4.5% growth for India; to lose second fastest-growing economy tag

-The Economic Times India looks all set to cede the moniker of the world's second fastest growing major economy for 2012, a fall from glory for a country that was spoken in the same breath as China for much of the previous decade and even nursed ambitions of upstaging its larger neighbour. The latest global economic growth forecasts from the International Monetary Fund (IMF) have India growing at 4.5% in 2012 (at...

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Asia faces challenge of feeding 5b by 2030: ADB Bangladesh -Sangbad Sangstha

-New Age Asia’s ability to keep food prices in check and ensure long-term regional food security will require the region’s farm to market supply chains to become more efficient and cost-effective, says a new Asian Development Bank  study. The Study titled ‘The Quiet Revolution in Staple Food Value Chains: Enter the Dragon, the Elephant and the Tiger’, was produced by ADB and the International food Policy Research Institute in response to the...

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Don’t join retail queue but cut diesel taxes, Moily tells States-Sujay Mehdudia

-The Hindu OMCs will revise price every month until losses are wiped out The Centre is seized of some State governments’ directive to their transport undertakings (STU) to line up at retail outlets for refuelling following the removal of subsidy for bulk consumers of diesel, Petroleum Minister M. Veerappa Moily said on Friday. Talking to reporters here, Mr. Moily said he had heard that States such as Gujarat and Tamil Nadu had asked...

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No sweetening this bitter pill-K Sujatha Rao

-The Hindu Unless the government regulates the growth of the private sector and makes it accountable, the worn-down public health infrastructure cannot be revitalised The absence of a well thought out policy framework for strengthening the health system is the most important issue facing the health sector in India. In the government, there is no clarity on what the nation’s health system should be 10 years hence. Should it be a public...

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Budgeting for failure

-The Business Standard The government runs out of money for fertiliser subsidy The government, according to recent newspaper reports, finds itself unable to clear the mounting subsidy dues of the fertiliser industry — the budgetary allocation for this purpose has already exhausted. This is as much a reflection on the shocking flaws in the Budget-making exercise for this financial year as on India’s misguided fertiliser subsidy policy. The arrears payable to...

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