-Hindustan Times New Delhi: The monsoon, in its withdrawal phase now, has revived over key drought-hit states that account for over a third of India’s food output, offering respite to millions of farmers battling tough conditions and a government staring at a rural crisis. The late surge, not unusual, has narrowed current rainfall deficiency from 16% to 15% for the June-September season. Overnight, Maharashtra’s Vidarbha region and the states of Chhattisgarh, Telangana...

-Livemint.com Amid all the gloom, the lower inflation rate and commodity prices could bring some respite With the southwest monsoon retracing, concerns about the deficiency of rainfall and its impact on the economy are increasing. The 15% rainfall deficit makes it the second consecutive year of less-than-normal monsoon dotted with some unseasonal showers. Together, this would have multiple ramifications on economic growth. Both macroeconomic and sectoral analysts have turned cautious and some...

-Business Standard Indian farming is labour intensive as mechanization is expensive. This model might change it while keeping the cost very low. The single biggest challenge in farming is debt. A large share of farmers’ insurmountable debt burden comes from purchase of farm equipment. Mechanized farming results in higher productivity but is notoriously capital intensive. A 40 HP Tractor with 2 basic implements (a rotavator and a cultivator) and a trolley costs...

-Business Standard The government has sought parliamentary approval for an extra Rs 18,995 crore social sectors during 2015-16, almost half of the total extra spending asked for over the Budget Estimates (BE). In a supplementary demand for grants, tabled in Parliament last week, the government placed additional expenditure for the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), National Food Security Act (NFSA), Swachh Bharat Abhiyan, drinking water scheme, Pradhan Mantri Gram...

-Economic and Political Weekly A survey to identify who the poor are and how many are actually poor is necessary if programmes and benefits targeted at the needy are to reach them. The Socio Economic Caste Census, of which partial results have been published, was intended to do this. Yet, even a cursory look at the figures indicates that they call for a willing suspension of disbelief. N C Saxena (naresh.saxena@gmail.com) was...