-PTI On a supplementary question on when outstanding dues to Andhra Pradesh will be released, Tomar gave an assurance that no pendency of dues relating to Andhra Pradesh would remain with his ministry. The government is awaiting the Labour ministry's decision on modifying consumer price indices before linking MGNREGA wages to inflation, Rajya Sabha was informed on Friday. Replying to supplementary questions during Question Hour in the Upper House on linking of wages...

-The Indian Express Discussions of rural poverty fail to factor in multi-dimensional changes in the sector in the last five years Rural poverty in India has been the subject of discussion in recent times. Low increase in prices of agricultural commodities and the slower increase in rural agricultural wages have been seen by some as signs of a crisis for the rural poor. Many acknowledge the role of pro-poor public welfare...

-Livemint.com Why is retail inflation then touching new heights? It is mainly because CPI and WPI are two different sets of indicators with varied compositions While the retail inflation as measured by the Consumer Price Index (CPI) touched a 16 month high at 4.62% in October, the wholesale Price Inflation measured by the Wholesale Price Index (WPI) is at the verge of entering the negative territory. The gap between the two is...

-The Hindu Business Line “Join the Regional Comprehensive Economic Partnership (RCEP), but do not ignore your internal market and demand. Ninety per cent of our bad export story is domestic challenges, 10 per cent is external environment or external policy,” says Economist Surjit S Bhalla. Seventy-one-year old Bhalla has a tough task ahead — to make New Delhi’s voice louder at the international forums as he is set to take charge...

-The Hindu While indexation of the NREGA wages is critical, lifting them to the minimum wage would help workers and the economy The government made two recent announcements at two ends of the spectrum to mitigate the economic crisis. One concerns a new indexation of NREGA wages meant to increase rural incomes. The second is a reduction in corporate tax rate. Prices of commodities increase each year, so it’s important to accurately estimate...