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Inflation is down? Really? -Rajalakshmi Nirmal

-The Hindu Business Line The numbers may look good but the consumer’s monthly budget hasn’t eased up. Here are four reasons why the common man has no respite from inflation It’s official! Inflation is down. The wholesale price inflation has been in negative territory for the last eight months. CPI, the consumer price-based inflation, has also dropped, from 8-8.5 per cent in the beginning of 2014 to sub-5 per cent now. Inflation...

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Forget Inflation Targeting -Prem Shankar Jha

-The Indian Express   It has only managed to kill manufacturing and employment growth    In the 1950s, misapplied economic policies gave India one of the lowest growth rates in the world for 30 years, and left it behind East and Southeast Asia. Now another set of policies is completing its economic ruin. The architect of this is the RBI and its instrument of choice, the interest rate. Indian business has been begging for a...

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Half of rural India needs help -Basant Kumar Mohanty

-The Telegraph New Delhi: A new survey has shown that one in every two rural households is eligible for targeted government aid - a significant jump from two earlier estimates of those entitled to blanket benefits. The provisional socio-economic and caste census (SECC) data released by finance minister Arun Jaitley show that almost half the 17.91-crore households in rural India may be considered under various targeted welfare schemes, depending on their specific...

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Book Review: Coping with Climate Change

  If environmental degradation disturbs you and you are averse to reading technical manuals and copious volumes on the subject, there is some good news for you.    A recently published book from Gene Campaign entitled Coping with Climate Change is doing the rounds among environmentalists, civil society activists, public servants and researchers. Edited by Dr. Suman Sahai, the book has been written in a coffee book style to make easy serious...

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Who said inflation is down? -Rajalakshmi Nirmal

-The Hindu Business Line Though the overall price trend is declining, for many items of daily consumption, especially food, it has risen Wholesale and consumer price indices are trending lower, but this has not brought relief to the common man. In May, the wholesale price index recorded negative growth for the seventh consecutive month. The consumer price index edged marginally higher in May to 5.01 per cent, from 4.87 per cent a...

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