-PTI The rise in wholesale prices may provide partial relief to manufacturers and producers, although it brings bad news for household budgets of consumers. Experts and industry said kharif sowing trends indicate cooling of food inflation in the coming months, even as chances of a rate cut in the near-term are low, given the rise in WPI and retail inflation. Wholesale inflation soared to a 23-month high of 3.55 per cent in July...

-Frontline A noteworthy study that provides much-needed insights into the nature and severity of the farm crisis in Punjab. There have been many studies on agrarian distress and farmer suicides in different parts of India in the last decade, including in Punjab. Most of the studies focus on a profile of the victims, mostly landowning farmers, and reasons thereof, with a sample of such farmers. In this context, this book makes a...

-The Hindu We need to rethink social safety nets in India’s growing economy so that they can also focus on the accidents of life rather than solely on the accidents of birth. Sometimes the grand narratives of the Left and the Right do not seem to have any relationship with the lived experiences of ordinary Indians. For the past two decades, the Left has tried to expand social welfare programmes for the...

-The Hindu Though most in both urban and rural areas primarily rely on buses for travel, other kinds of vehicles, like two-wheelers and cars, dominate. Buses (and trams) account for the bulk of the spending on travel in India, a sample survey conducted by the National Sample Survey Organization (NSSO) has revealed; yet buses constitute only a small fraction of the total number of vehicles on the roads. Though most people in...

-The Times of India MUMBAI: India's middle class has seen new entrants. Pani puri vendors, dosa sellers, carpenters, welders, launderers, drivers and cable TV technicians have all pulled themselves out of the clutches of poverty and leapt into a section of the middle class — the bedrock of the economy. A paper titled 'The Rise of the New Middle Class and the Role of Offshoring of Services', co-authored by the head of...