-The Financial Express The Narendra Modi government has pledged to employ all machinery at its disposal to deal with a second straight year of deficient monsoon. The Narendra Modi government has pledged to employ all machinery at its disposal to deal with a second straight year of deficient monsoon and denied an impending distress in the vulnerable pockets of the country, but a dispassionate look at the ground situation would show there...

-Outlook Pulses are falling off the poor man’s plate. Price rise may hit the middle class next. Pulses—all-important as a source of protein—are set to be spoilers this year in the government’s endeavour to keep a check on food inflation. Already, over the last nine months, the prices of some pulses have jumped 64 per cent in major cities. This is because of below-normal monsoon last year, compounded by untimely rain and...

-The Financial Express Sorai Village: Even as official data show food inflation at 5-6%, elevated levels compared with the subdued prices of most other items, farmers are barely realising remunerative prices for their produce, another reason why rural consumption demand is dismally low. Potato farmers in Uttar Pradesh, for example, are selling the vegetable at a fifth of the price a year ago, thanks to a glut caused by excess production...

-PTI Inflation, as measured on the Wholesale Price Index (WPI), has been in the negative zone since November, 2014. Deflationary pressure continued for the sixth month in a row with inflation dropping to a new low of (-)2.65 per cent in April, mainly on account of decline in prices of fuel and manufactured items even as food prices increased. Inflation, as measured on the Wholesale Price Index (WPI), has been in the negative...

-The Telegraph New Delhi: The yearly wage revision for the rural job guarantee scheme has for the first time missed its April 1 deadline, with the government having sat for nine months on expert advice for a sizeable hike. Sources said the rural development ministry would next week notify an interim wage increase, based on the existing formula for yearly revisions, while the finance ministry weighs the expert panel's July recommendations. There are...