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Why higher govt spending is crucial to contain rural distress

-FirstPost.com Even as the Narendra Modi government has been making claims that India’s rural economy has gained pace under his rule, empirical evidence suggests that the health of country’s rural economy may not have improved much on account of declining or stagnant income levels. The situation, experts say, is unlikely to change in the near future as there are low chances of a revival in rural income generation. A survey by brokerage...

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Angus Deaton and the great Indian poverty debate -Himanshu

-Livemint.com Nobel to Deaton calls for a celebration of not just his own work but also the contributions of a number of Indian economists who have engaged with similar issues The announcement of Angus Deaton winning the Nobel Prize in economics was unexpected but not surprising. His body of work over the years has influenced many of us who have worked on issues of poverty, nutrition and food security. It is...

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Emphasis on cereals prime cause of high pulse prices -Rajeev Deshpande & Dipak Kumar Dash

-The Times of India NEW DELHI: The current spike in pulse prices could have been anticipated, but India's cereal-centric food security policies emphasize rice and wheat while dis-incentivizing the production of pulses despite clear trends that show a declining preference for cereals. Even though India's dependency on imported pulses grew as imports rose from 2.7 million tonnes in 2010-11 to over four million tonnes this year, minimum support price-driven procurement and the...

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Incentivize pulses production to check spiralling prices

The low rate of inflation of 3.88 percent in Consumer Food Price Index during September, 2015 actually hides the high prices at which various pulses (dal) are available in kirana / retail shops across India. In terms of Consumer Price Index (combined), monthly rate of inflation in pulses and products during September 2015 (over September last year) stood at 29.76 percent as compared to the overall monthly retail inflation of...

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How does India cope with rising pulse prices? By shifting to eggs -Sayantan Bera

-Livemint.com A pair of eggs costs less than Rs8 today whereas 100gm of tur dal costs between Rs16 and Rs20 New Delhi: The recent spurt in the prices of pulses is causing much heartburn to governments and consumers. But this is not the first time that prices of pulses have shot up; within the foodgrain basket, production and price shocks are fairly regular for pulses but rare for rice or wheat. So, how...

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