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WPI inflation eases to 5.2% in April-Vrishti Beniwal

-The Business Standard   Food articles inflation dips to 8.64% compared to 9.9% in March Wholesale Price Index-based Inflation fell by 0.5 percentage points to 5.2 per cent in April from 5.7 per cent in March, providing some relief to a new government amid other deteriorating macroeconomic numbers such as retail inflation and industrial output. All three major components of the index - food, fuel and manufactured goods - recorded moderation in inflation on...

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El Nino likely to cause loss of Rs 1,80,000 crore this year: ASSOCHAM -Soma Basu

-Down to Earth Studies indicate high food inflation As Met office predicts below normal rainfall because of El Nino this year, a study by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) has projected a 1.75 per cent GDP reduction and loss of hundreds of thousands of jobs in the unskilled sector. The report released recently says that five per cent deficit rainfall forecast by the India Meteorological Department (IMD) will...

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How NREGA and food security will impact poll outcome in Bihar -Iftikhar Gilani

-DNA   Muzaffarpur (Bihar): Some 30 kms away from Bihar's Muzaffarpur, in Moshari block, peasants sit around a common hookah at a village chaupal after an exhausting day. They sign Maithili folk songs and relating stories of Raj Kishore and Tasleemudin, legendary Naxalite leaders who took on local landlords in the 1960s. This region, along with Naxalbari in neighbouring West Bengal, was the centre of bloody clashes, forcing socialist leader Jai Prakash Narayan...

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A grain of sense-Aditya Puri

-The Indian Express How Punjab is making the best use of the flawed public distribution system. Inclusive economic growth is a political, economic and social necessity. The question is: what is the right strategy to ensure this? Most of our programmes to help the underprivileged have suffered from leakages and inefficiencies, so that the benefits have not accrued to the targeted groups but the strain on our fiscal deficit remains. Subsidies are...

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Revamping agriculture and PDS-Ashok Gulati

-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...

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