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Inflation falls to -4.95%, spurs deflation fears, rate cut hopes -TCA Sharad Raghavan

-The Hindu Overall, industry bodies are positive about the ongoing contraction in inflation, but there is some wariness regarding deflation. Wholesale price inflation contracted for the tenth consecutive month, coming in at -4.95 per cent in August compared to -4.05 per cent in July. This follows Chief Economic Adviser Arvind Subramanian’s comments cautioning that India’s economy could be nearing deflationary territory. The data also comes two weeks before the Reserve Bank of...

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Subverting the Land Acquisition Act, 2013 -Santosh Verma

-Economic and Political Weekly After coming to power in 2014, the National Democratic Alliance government took several measures to dilute the pro-poor provisions of the Land Acquisition Act of 2013. Though it has backed down, several questions remain over the way the Modi government has dealt with the issue of land acquisition. Santosh Verma (santosh.econ@gmail.com) is at the Council for Social Development, New Delhi. Land acquisition—by private corporations or the state—has raised vital...

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Transfat limit in oils cut -GS Mudur

-The Telegraph New Delhi: India's food safety regulator has slashed the maximum allowed limit of transfats in cooking oil and fat by half to five per cent in a move that experts are calling an important step to safeguard public health. But nutrition scientists have cautioned that the government will also need to tweak oilseed crop policies to draw the food processing industry and consumers away from unhealthy but inexpensive transfats to...

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Government to hike health care investment to 2.5% of GDP by 2020 -Nitin Sethi

-Business Standard Health cess recommended; public health care to be primary focus The National Democratic Alliance (NDA) government plans to increase public investment in health from 1.04 per cent of GDP (gross domestic product) to 2.5 per cent by 2020, with 70 per cent of this being dedicated to primary health care. This target has been set in the overhauled draft National Health Policy that now emphasises on substantially ratcheting up government...

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‘Native varieties of cotton disappearing’

-The Hindu Uzramma, supports decentralisation of cotton textile production chain to benefit farmers Hyderebad: Absence of affordable technology that can turn indigenous cotton into textile is one of the main reasons for cotton farmers’ suicide in the country, said Uzramma, a noted exponent of the handloom industry. Specific variant Delivering a talk on handmade fabrics and process organised at Jiddu Krishnamurti Centre here on Saturday, Ms. Uzramma said farmers are forced to grow only...

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