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Dam disclosures: on the Kerala floods -Ramesh Chennithala

-The Hindu The deluge in Kerala was made worse by inefficient management of 34 dams The people of Kerala have braved the worst calamity since the great flood of 1924. The floodwaters have receded from most of the affected areas barring Kuttanad. Most people have gone back to their homes from relief camps, only to find them battered beyond redemption. As the State is coming back to a “new normal” after the...

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India may see another bumper harvest better than last year's -Madhvi Sally

-The Economic Times NEW DELHI: The government is optimistic of another bumper harvest with output to be similar to last year’s or better, as crop planting and the monsoon season are at the tail end. It also doesn’t expect floods to have any major impact on production. However, some analysts raised concerns over the distribution of rains that they said were erratic, and in deficit in several states. But trade doesn’t expect...

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Govt okays policy to ensure hiked MSP

-The Tribune Incentivises ethanol produce to cut crude oil dependence New Delhi: Aiming to reap electoral dividend in the upcoming elections, the government on Wednesday approved a new umbrella scheme to roll out its hiked MSP for farm produce under “Pradhan Mantri Annadata Aay Sanrakshan Abhiyaan” (PM-ASHA) for which it has earmarked Rs 15,053 crore. It has also decided to incentivise ethanol production in a bid to reduce crude oil dependence at a...

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P Sainath, founder editor of People's Archive of Rural India (PARI), interviewed by Bhasha Singh

-National Herald Talking about farmers’ issues, P Sainath said, “It is not just an agrarian crisis, it is now a national crisis. The Modi govt has been engaged in fooling the nation. They are telling lies shamelessly” The founder editor of People’s Archive of Rural India (PARI), the former Rural Affairs editor of The Hindu and author of the much acclaimed book ‘Everybody loves a Good Drought’, P Sainath, has recorded rural...

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Cause for caution: On India's GDP growth -Puja Mehra

-The Hindu India’s GDP growth continues to be powered by consumption, not investments A question being raised about the GDP estimates for the first quarter of this year (April-June) is: How should 8.2% GDP growth be interpreted in, or reconciled with, the overall context of some of the pronounced trends in the economy? These include the depreciating rupee, rising bank bad loans, or non-performing assets (NPAs), a trade deficit that has shot...

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