This is the season to count blessings. India's greatest blessings are its adherence to the democratic system of governance, an independent judiciary, a free and fearless media, and an Election Commission that inspires confidence. I hope that soon India will have an independent and effective Lokpal, which will pave the way for a corruption-free India, a pre-requisite for a hunger-free India. The other major paradigm shift observed in recent years is...
More »SEARCH RESULT
Food inflation fanned by change in dietary habits: D Subbarao, Governor, RBI
-The Economic Times Governor of the Reserve Bank of India, D Subbarao said on Tuesday that India's food inflation was fanned by change in dietary habits. Commenting on high inflation, Subbarao said that underlying drivers of inflation have changed. "India needs to address challenge of food inflation. Food inflation has substantially come down but over the last 3.5 years since 2008-2009, average food inflation has shot up higher than the past 6...
More »Continuity and change in rural India by N Chandra Mohan
Village studies are a treasure trove of information on economic and social changes A noteworthy feature of research on Indian agriculture is the resurgence of interest in village studies. Such studies – that include resurveys of villages studied earlier – provide insights into the livelihood prospects of the majority of people who continue to work in the countryside. They are an important mode of research to understand agrarian relations that often...
More »Seasonal variations in food prices dropped: RBI study
-The Economic Times If food inflation seems to be pinching more, it is because vegetable prices barely decline in winters, milk rises through the year and egg prices remain high in summers - all because of rising demand. Over the years, the seasonal variation in prices has dropped and consumers do not have the option of shifting to cheaper produce to keep daily costs down, says a recent Reserve Bank of India...
More »Land for landed by NC Saxena
The 12th Plan Approach Paper looks upon land more as raw material for mining and industrialisation than as a source of livelihood for the poor. DESPITE a fast economic growth, more than 60 per cent of the population of India is still dependent on land. The 12th Plan Approach Paper, however, looks upon land not as a source of livelihood for the poor but as raw material for mining and industrialisation....
More »