-The Hindustan Times Mumbai: Indian companies have acquired land more than nine times the size of Delhi on foreign shores, as cultivable land at home is lost to urbanisation, industry and infrastructure projects. Land Matrix, a global land monitoring initiative that tracks land dealings worldwide, placed India among the top 10 countries that have acquired large tracts of land abroad, primarily for agriculture, in Africa and Asia. The country ranks eighth,...
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Roads and mobile phones have taken India's growth to Bharat-Neelkanth Mishra
-The Economic Times Sometimes, putting one and one together does make 11, but many of us seem hardwired in our thoughts to assume rural income growth is a zero-sum game. For example, some people believe subsidies have driven the 15-20 per cent a-year growth in rural wages over the last five years. They come up with "explanations", including "people are selling land and consuming", "rising minimum support prices", and "NREGA is...
More »Index Numbers of Wholesale Price in India (Base: 2004-05=100) Review for the month of September, 2013
-Press Information Bureau The official Wholesale Price Index for ‘All Commodities' (Base: 2004-05 = 100) for the month of September, 2013 rose by 1.2 percent to 179.7 (provisional) from 177.5 (provisional) for the previous month. INFLATION The annual rate of inflation, based on monthly WPI, stood at 6.46% (provisional) for the month of September, 2013 (over September, 2012) as compared to 6.10% (provisional) for the previous month and 8.07% during the corresponding month...
More »Making Sense of Persistently High Inflation in India-Sthanu R Nair
-Economic and Political Weekly The rising prices of two product groups - primary articles and fuel - have been responsible for the build-up in headline inflation between December 2009 and August 2013. The most worrisome aspect is the high inflation in a majority of food articles in the last six years or so despite a favourable domestic food supply situation and low global food prices. Based on the analysis of the...
More »Pay panel a vote magnet? Congress trying to woo middle class
-The Times of India NEW DELHI: The Congress trumpeted the constitution of seventh pay commission as another of its welfare measures in line with land and food bills, in what appeared a thinly-veiled attempt to milk the olive branch to government employees at the upcoming state and Lok Sabha polls. The surprise decision on the pay commission targetting middle-classes comes on the back of legislations to win over the poor and the...
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