The government's ambitious economic census to create a comprehensive database of the economic profile of India's households and businesses has been pushed back again because of lack of personnel.  The census department is right now busy with the survey to enumerate people below poverty line and feels a simultaneous economic survey will stretch its resources undermining the data quality.  "There has been a decision taken to delay the economic census as conducting...

There is a rush to cash in on micronutrient deficiency in India through fortification of food Andhra Pradesh Foods, a state government enterprise, is ramping up its fortified food production capacity. It provides ready-to-eat and ready-to-cook foods like upma mix, sweet porridge and khichdi mix, fortified with iron, zinc and other vitamins, to infants and pregnant and lactating women under the Centre’s Integrated Child Development Scheme (ICDS). The effort to double its...

The advance estimate of national income in 2011-12, released recently by the Central Statistical Organisation points to a decline in India’s GDP growth rate from 8.4 per cent last year to 6.9 per this year. The government, obsessed with growth rates, is deeply disappointed. Hence there is already talk of the need to respond and demands that the Reserve Bank of India should reduce interest rates are being heard. There...

-The Economic Times   Internet search giants Google and Yahoo! are being investigated for possible violations of the country's foreign exchange law, a government official said, intensifying pressure on them as they wage a legal battle over screening of 'objectionable' content on their websites.  The Enforcement Directorate, which has reviewed data from the RBI, suspects the two companies of having violated provisions of the Foreign Exchange Management Act. It has begun a preliminary...

-AP   Efforts by India and the European Union to strengthen trade are threatening India's ability to deliver lifesaving medicines to the world's poorest, analysts say as the two sides push through protracted negotiations on a free-trade pact.  India's prime minister and top EU officials are hoping their summit Friday in New Delhi helps move beyond disagreements over issues like European labor market limits and Indian duties on cars.  But health industry workers and...