-The Business Standard Contrary to earlier claims, farm growth may be robust The projection by the Commission for Agricultural Costs and Prices (CACP) of robust agricultural growth of above five per cent and a consequential handsome rise in rural incomes comes as a silver lining to India's otherwise gloomy economic scene. The CACP's reckoning, based on a rigorous mathematical model, virtually discounts the agriculture ministry's kharif crop output estimates (called first advance...
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Headlines Today cameras capture trucks diverting PDS wheat meant for Delhi's poor to private flour mills -Harish Sharma and Arun Singh
-India Today The UPA government and the Congress leadership might be patting themselves on the back talking big about the recently passed Food Security Bill, but their promises look far from delivery given the existing state of Public Distribution System (PDS). In a sting operation carried out by Headlines Today special investigation team, hidden cameras caught the pilferage of grain meant for distribution among the national capital's poor people under the PDS....
More »India home to a quarter of the world’s hungry: Global Hunger Index report -Subodh Varma
-The Times of India In a striking irony, the number of hungry people in the world was estimated at 842 million in 2011-13 by the Global Hunger Index (GHI) report released on Monday even as world cereal production was estimated at a near record level of 2,489 million metric tons a few days ago. About a quarter of the world's hungry, or 210 million, are in India alone. The number of hungry...
More »Index Numbers of Wholesale Price in India (Base: 2004-05=100) Review for the month of September, 2013
-Press Information Bureau The official Wholesale Price Index for ‘All Commodities' (Base: 2004-05 = 100) for the month of September, 2013 rose by 1.2 percent to 179.7 (provisional) from 177.5 (provisional) for the previous month. INFLATION The annual rate of inflation, based on monthly WPI, stood at 6.46% (provisional) for the month of September, 2013 (over September, 2012) as compared to 6.10% (provisional) for the previous month and 8.07% during the corresponding month...
More »Making Sense of Persistently High Inflation in India-Sthanu R Nair
-Economic and Political Weekly The rising prices of two product groups - primary articles and fuel - have been responsible for the build-up in headline inflation between December 2009 and August 2013. The most worrisome aspect is the high inflation in a majority of food articles in the last six years or so despite a favourable domestic food supply situation and low global food prices. Based on the analysis of the...
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