-Live Mint To alleviate poverty and extend true food security to its people India must bring efficiency to public expenditures In the Indian economy, where almost half of the average household's expenditures goes toward food and half the labour force is engaged in agriculture, one cannot simply wish away the centrality of agriculture just because its contribution to gross domestic product (GDP) hovers around a comparatively low 14%. India's agriculture is responsible...

-PTI   London: The temporary ban, proposed by the European Commission, includes mangoes, eggplant, the taro plant, bitter gourd and snake gourd. The 28-member European Union has temporarily banned the import of Alphonso mangoes, the king of fruits, and four vegetables from India from May 1, sparking protests from the Indian community, lawmakers and traders. The recent decision by the grouping's Standing Committee on Plant Health came after 207 consignments of fruits and vegetables...

-The Economic Times   Inflation - retail as well as wholesale - has increased in March over relatively benign levels in February. At 5.7%, the growth of inflation based on the wholesale price index ( WPI) was at a three-month high, compared to a ninemonth low of 4.7% seen in February. The Reserve Bank of India (RBI) now sets policy rates by looking at inflation based on the consumer price index (CPI)....

-Live Mint   FDI in retail and modernization of agriculture are two faces of the same coin In the season of elections animal spirits rule. India's equity markets have been ebullient for some time now. Spurred by a robust inflow of foreign investment capital, markets have reacted favourably. A lot now depends on the ability of the next government to enact meaningful structural reforms, especially in a sector such as agriculture that requires...

-PTI He noted that India's performance in poverty reduction and public welfare schemes is now lower even than that of poor countries Vested interests of individuals and "lobbying" among political parties is acting as impediment in India's quest for poverty reduction, noted economist Jean Dreze has said. The economist said it was "ironical" that during the peak period of the country's development, the corresponding indexes for poverty reduction, nutrition and health status have...