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Drought shadow on growth -Roshan Kumar

-The Telegraph Patna: Bihar's honeymoon with double digit growth appears to be headed for a rocky phase with the government today declaring 33 of the state's 38 districts as drought-hit. The agriculture and allied sectors, which contribute around one-fifth (18.91 per cent) of Bihar's gross state domestic product (GSDP), are staring at a lower growth rate for the second consecutive year. The overall growth rate of the state was a little...

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Supreme Court dampens govt hope of mining resumption in Goa -Dhananjay Mahapatra

-The Times of India NEW DELHI: The Supreme Court on Wednesday said considerations of faster Economic Growth could not be the sole criterion for determining the legality of the ban it has imposed on mining activities in Goa, in remarks which immediately hiked the suspense on what it might do with the desperate pleas to allow resumption of mining which has been the mainstay of the state's economy. In a sharp rejoinder...

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Second green revolution will start from Bihar: CACP chairman -Sutanuka Ghosal

-The Economic Times KOLKATA: Soon Bihar will become Punjab and second green revolution will start from these areas, said Dr Ashok Gulati, chairman, Commission for Agriculture Cost & Price at the 3rd Crop Summit held in Bihar. Dr Gulati raised the issue of unavailability of proper support value to farmers. He further told that Bihar doesn't have any issue in production but procurement is the major issue. Its rice milling capacity is...

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Jairam Ramesh, Union Minister for Rural Development interviewed by TK Rajalakshmi

-Frontline Interview with Jairam Ramesh, Union Minister for Rural Development. THE passage of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Bill, 2013, is being perceived as a major achievement by the United Progressive Alliance government. The Bill that has replaced the colonial Land Acquisition Act, 1894, went through several changes in order to arrive at a middle path, a term coined by Union Minister for...

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Onions drive inflation to six-month high at 6% in August-Somesh Jha

-The Business Standard Central bank chief Raghuram Rajan likely to retain stance later this week, say economists Inflation in onions skyrocketed to 244.62% in August against already high 119.4% in the previous month, jacking up the the rate of wholesale price rise to a six-month high of 6.10% from 5.8% in July, official data showed today. Ironically, onion prices can't be brought down by interest rate policy, but it is all set to...

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