-The Hindu Reforms must be part of a continuing agenda. The basic principle guiding reforms must be to create a competitive environment with a stress on efficiency. In many ways the coming decade will be crucial for India as growth is the answer to many of its socio-economic problems The data on national income released recently give a new twist to India's growth story. The most significant change is with respect to...

-PTI Mumbai: Seasonal spurt in vegetable prices next month could partly reverse the benefits of low global oil prices reducing inflation and increasing disposable incomes, the Reserve Bank of India (RBI) warned on Tuesday. "The sharp reduction in oil prices as well as in inflation is likely to increase personal disposable incomes and improve domestic demand conditions in the year ahead," the central bank said in its monetary policy document. Inflation, excluding food...

-Livemint.com End of the commodity super cycle, with cotton prices touching record lows, adds to growers' woes in Telangana Hyderabad/Warangal: On New Year's eve, Jinukula Rajasekhar, a young farmer from Shamirpet village in Warangal district of Telangana, consumed a lethal combination of alcohol and profenofos, an insecticide sprayed on crops to kill pests. He died four days later in hospital. "On the evening of 31 December he called me from the field...

-Business Standard Currently, the Department of Agriculture runs two crop insurance schemes, one of which is weather-based The Centre is devising an insurance product for farmers that will guarantee to make good their loss in income from natural calamities for at least seven years. For crops with minimum support prices (MSPs), the loss in income will be based on the MSP; for others, it will be calculated based on the average market...

-The Indian Express The Centre is reportedly considering decontrol of urea over a period of three years, at the end of which retail prices would be totally market-determined, with farmers getting a fixed per-bag subsidy to be credited directly to their bank accounts. If this happens, it will probably be the most politically challenging economic reform the Narendra Modi government undertakes. Given the crash in global oil prices, decontrol of diesel...