-The Hindustan Times Prime Minister Manmohan Singh has directed key ministries to coordinate with states to manage the crisis arising out of the weak monsoon this year. Rains continue to be 22% deficient. India’s monsoon deficit could crimp food output and hit Farm Income, which supports a third of the population, hiking inflation risk. “The Prime Minister has been apprised of the situation. He has directed all the departments and ministries to coordinate...

-The Hindustan Times Prime Minister Manmohan Singh has directed key ministries to coordinate with states to manage the crisis arising out of the weak monsoon this year. Rains continue to be 22% deficient. India’s monsoon deficit could crimp food output and hit Farm Income, which supports a third of the population, hiking inflation risk. “The Prime Minister has been apprised of the situation. He has directed all the departments and ministries to coordinate...

-Live Mint There is no dearth of advisors for a government considered to be in the grip of a policy paralysis and whose prime minister is dubbed an “underachiever”. In this season of India-bashing, US President Barack Obama spared some time from his election campaign and offered some pearly words of wisdom on the Indian economy. This came at a time when in his own backyard, thousands of people marched in...

-The Hindustan Times Despite a pickup in rainfall last week, the southwest monsoon remains in deficit by a significant 22%, almost certainly lowering annual production of grains, pulses and oilseeds, the three crops where sowing has been worst hit. The Met office’s estimate coincided with the release of food inflation data that showed a worrying 10.81% rise in June from a year earlier, up from a 10.74% rise in May, an...

-The Hindustan Times Recently, at a rally of gram panchayat chiefs, agriculture minister Sharad Pawar told the audience, “Improving the well-being of farmers is difficult unless agriculture sheds some of its population. At least one member from the farmer’s family should seek livelihood opportunities outside agriculture.” He has often made this appeal to farmers in Maharashtra, pointing out how rich industrial countries have a small proportion of their labour force in...