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IMD’s monsoon forecast -Anil Padmanabhan

-Livemint.com With barely weeks left for the to begin its retreat, it is emerging that India will close the year with a deficit much higher than what was initially forecast  Another year and another bad monsoon. What were the odds? The India Meteorological Department (IMD) forecast this year’s monsoon—like last year—to be below normal. At that time, we all hoped that the IMD had got it wrong—the economy was on the...

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NC Saxena, former member of the Planning Commission and National Advisory Council, speaks to Chitra Padmanabhan

-TheWire.in Sometimes, the more newspapers write on a subject, the more obscure it becomes, especially if it comes dressed in apocalyptic fervour. On August 26, most media reports on the just released Census 2011 data on ‘population by religious community’ could easily have been mistaken for a present-day stock market update: Hindus slide from 80.5 % to 79.8 %; Muslims climb from 13.4 % to 14.2 %, showing the highest surge...

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The spectre of suicide -V Sridhar

-Frontline As rural Karnataka reels under an unprecedented wave of suicides by farmers, the State administration looks on, unwilling to address the reasons that have rendered rural livelihoods fragile. DEATH stalks rural Karnataka. In the 41 days between July 1 and August 10, as many as 245 farmers committed suicide, an average of six a day; since April 1, 284 farmers have taken their lives. As a bewildered State government gropes...

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Swaminathan MSP: Solution to Agrarian Crisis and Farmers’ Distress? -Ranjit Singh Ghuman

-Economic and Political Weekly Farmers' unions and political parties have been demanding the implementation of the Swaminathan minimum support price (cost plus 50%) to address agrarian crisis and farmers' distress. But they have not raised demands for the implementation of the recommendations of the National Commission on Farmers, which have the potential to provide lasting solutions. Ranjit Singh Ghuman (ghumanrs@yahoo.co.uk) is a Nehru SAIL Chair Professor, Centre for Research in Rural and...

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Inflation is down? Really? -Rajalakshmi Nirmal

-The Hindu Business Line The numbers may look good but the consumer’s monthly budget hasn’t eased up. Here are four reasons why the common man has no respite from inflation It’s official! Inflation is down. The wholesale price inflation has been in negative territory for the last eight months. CPI, the consumer price-based inflation, has also dropped, from 8-8.5 per cent in the beginning of 2014 to sub-5 per cent now. Inflation...

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