-The Hindu The acceleration will leave the RBI less space to cut rates Wholesale price inflation accelerated to a 23-month high of 3.6 per cent in July, driven mainly by higher food prices, according to official data.The pace of price gains as measured by the wholesale price index more than doubled in July from 1.62 per cent in June, leaving the Reserve Bank of India even less elbow room to cut benchmark...

-The Hindu Chennai: Even as various agencies push farmers to take up cultivation of pulses, questions about seed availability and procurement are making agriculturists think twice about taking it up. Pulses bring in more profits, take lesser time to grow, require lesser water than paddy and fix nitrogen in the soil, thus reducing the use of fertilizers for the next crop. “Though the price of pulses in the retail market is quite...

-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...

-TheWire.in Policy makers should conduct deeper analysis on the many subtle factors that shape inflation and its effects on the Indian economy. In 1923 when Rudolf von Havenstein, the president of the German Reichsbank (later known as the Deutsche Bundesbank), recklessly initiated a money printing drive in response to the German government’s demand to spend more money, Germany was inevitably embroiled in a bout of hyperinflation and its worst crisis of the...

-Frontline The inability to resolve pressing problems with respect to the production, distribution and availability of food is one of the important failures of the entire economic reform process. IN the fateful month of July 1991, when the devaluation of the Indian rupee presaged the introduction of a whole series of liberalising economic reforms, agriculture was very far from the minds of most policymakers and commentators. The immediate focus was on...