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Keep a watch on food inflation

-The Hindu  The latest inflation readings based on the Wholesale Price Index and the Consumer Price Index are a cause for concern. While the annual gain in wholesale prices hit a 23-month high of 3.55 per cent in July, retail inflation quickened past the Centre’s new Monetary Policy Framework’s upper limit for tolerance to 6.07 per cent. Food costs — a key component in both indices — were the main culprit....

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Farm Policy: The political economy of why reforms elude agriculture -Pravesh Sharma

-The Indian Express India should learn from China and start with liberalisation of rural land, labour and capital markets before attempting bigger things. Independence Day has come and gone with its usual mix of celebrations, pride and ruminations on how things could be better. Interestingly, several media commentaries tagged the event with the 25th anniversary of economic reforms, launched in 1991 around the same time of the year. They largely dwelt on the theme...

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INDIA FOCUS: Rising Prices of Dal/ Pulses: How to deal with it? ... What's Being Done? ... A COMPREHENSIVE FACT CHECK...

Rising prices of dal: How to deal with it? The 68th session of the United Nations General Assembly declared 2016 as the International Year of Pulses. In India, however, ordinary citizens are under enormous duress due to the skyrocketing prices of dal/ lentils since the last one year. The website of Price Monitoring Cell of the Department of Consumer Affairs shows that dal prices varied across places. For example, the...

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PM's speech sets off 'power' struggle between Centre, UP

-The Times of India LUCKNOW/ NEW DELHI/ JAIPUR: A day after Prime Minister Narendra Modi said in his I-Day speech that Nagla Fatela village in Hathras (Mahamayanagar) district of Uttar Pradesh had to wait 70 years to get electricity despite being barely three hours away from the national capital, the state power corporation (UPPCL) and the Union power ministry were battling the veracity of that claim. Senior UPPCL officials on Tuesday insisted...

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31% rural households indebted, paying heavy interests despite various govt schemes: Panel -Iftikhar Gilani

-DNA Only 17% rural households take loans from financial institutions | Caste affiliation, gender play a part in getting credit As many as 31% of rural households in India are indebted and a significant number still depend on money-lenders, paying heavy interests, despite various government schemes and a network of rural banking. A parliamentary panel that probed the state of rural, agricultural banking found that a mere 17% rural household had taken...

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