-The Financial Express Persistence of high food inflation can harden the monetary policy stance and make fiscal choices difficult Food inflation increased to 7.9% in May 2016 as against 4.23% in April. This sudden spurt in food inflation is attributed to vegetable prices, followed by pulses and sugar. Is this a short-term spike or will it be a persistent one? If it is going to be a persistent one with pass-through effects,...
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rural demand: How much can the monsoon help? -Renu Kohli
-Livemint.com In the last decade, the rural constituent has emerged an important factor for overall private final consumption, which forms more than half (55-60% range) of India’s demand side GDP An above-average monsoon is commonly expected to be a key demand driver in 2016-17. Gross domestic product (GDP) forecasts for the year incorporate a revival in rural consumption—a segment that suffered severe setback from two successive years of adverse rainfall. In...
More »Tackling poverty in India: In building and agri boom, rural wage lift -Hanan Jacoby and Basab Dasgupta
-The Indian Express Real wages have risen across India in the past two decades, but the increase has been especially marked among rural unskilled workers. Three drivers — falling rural female labour force participation, a construction boom, and favourable agricultural terms of trade — help explain why unskilled rural workers fared better than their urban counterparts or workers with more education. Going forward, in the light of lower agricultural prices and...
More »The permanence of temporary workers -Narendar Pani
-The Hindu Business Line The unique needs of those who work in cities even as they maintain homes in the village must be addressed by policymakers Cities bring with them a sense of permanence. Many of them have been around for hundreds of years. Some of their more memorable institutions too tend to have long histories. It is no surprise, then, that most of urban policy takes aspects of a city to...
More »A River Comes to the People -Manu Moudgil
-TheWire.in/ India Water Portal Nanduwali in east Rajasthan started flowing again when the villagers decided to work with nature and not against it. The river is now lifeline to those settled on her banks. Gajanand Sharma is excited about the monsoon this year. He is building an anicut on the small stream that runs through his farm. “After the rain, the land will be filled with water and then I will sow...
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