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In a first, Karnataka uses Aadhaar to transfer subsidy to one million farmers -KR Balasubramanyam

-The Economic Times BENGALURU: Karnataka has successfully credited Rs 671 crore of input subsidy to about one million farmers hurt by drought using their Aadhaar identity, in the process becoming the first Indian state to do so. The feat is all the more special as Karnataka is home to the largest number of technology companies in the country, and also to Aadhaar architect Nandan Nilekani, who campaigned and worked for the success...

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Quarterly GDP Estimation: Can It Pick Up Demonetisation Impact? -R Nagaraj

-Economic and Political Weekly R Nagaraj (nag@igidr.ac.in) is with the Indira Gandhi Institute of Development Research, Mumbai. The latest quarterly estimates of gross domestic product by the new National Accounts Statistics methodology are once again in the news for the wrong reasons. With inadequate accurate information available on a quarterly basis, the estimates hardly represent the state of the Economy and reflect the effects of demonetisation over the October–December 2016 period. Please click...

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Pricier food, fuel push WPI inflation to 39-month high -Surabhi

-The Hindu Retail inflation too inches up in February New Delhi: Retail and farm gate prices surged in February as food articles and fuel products became more expensive. Data released on Tuesday revealed that consumer price index (CPI) based inflation rose to a four-month high of 3.65 per cent in February this year as against 3.17 per cent in January. It was, however, much higher at 5.26 per cent in February last year. Meanwhile,...

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Drought tightens grip on South

-The Hindu Business line Farm output hit; water levels in reservoirs at their lowest; Kerala, Karnataka looking at cloud seeding Bengaluru/ Thiruvananthapuram: The near-normal monsoon in 2016 may have helped most parts of the country come out of two successive droughts and perhaps propel foodgrain output to a new high, but not in the South. The drought has extended its grip in the South, with the South-West monsoon falling significantly short and the...

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In Kerala, the drought has as much to do with nature as with humans -Vinson Kurian

-The Hindu Business Line Thiruvananthapuram: J Cherian, an MBA in biotech from Scotland, who took to farming on his ancestral property in central Kerala, watches in despair as a merciless March sun beats down on his young plants. “This is unlike anything that I've seen in my eight years in the fields,” he says with a shrug of his shoulders. The administration seemed to concur, with Chief Minister Pinarayi Vijayan declaring that artificial...

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