-The Telegraph New Delhi: The Centre has raised wages under the rural job guarantee scheme - by the princely sum of one rupee a day in many states. The increase is the lowest in the 11-year history of the Mahatma Gandhi National Rural Employment Guarantee Act, and leaves its wage rates in 11 states stuck far below their minimum wages, set by the state governments. The eastern states are the worst hit. As...
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Retail inflation cools to 5-year low of 3.2% in January
-The Times of India NEW DELHI: Retail inflation cooled to five-year low in January on the back of sliding vegetable and food prices but the lurking price pressure may prompt the Reserve Bank of India (RBI) to maintain a wait-and-watch policy on interest rate for now. Data released by the Central Statistics Office (CSO) on Monday showed inflation, as measured by the consumer price index (CPI), rose 3.2% in January, slower than...
More »Real or nominal? Which farm income will Modi double in 5 years? -Rajalakshmi Nirmal
-The Hindu Business Line Nominal income already doubles every 6 years; real income will take 16 years Nearly a year ago, Prime Minister Narendra Modi unveiled his dream of doubling farmers’ incomes by 2022. But how viable is this promise? For one, there is ambiguity on the number the Centre is targeting. Data on farm income is not released at regular intervals. A survey of the National Sample Survey Organisation comes once in...
More »India sees record planting of wheat and pulses -Sayantan Bera
-Livemint.com While higher production of foodgrains may help better the agriculture growth rate of 4.1% estimated last month, a record crop will also help keep food inflation in check New Delhi: Farmers in India have planted the highest ever area under wheat and pulses in the ongoing winter crop season, raising hopes of a bumper crop in 2016-17, surpassing past records. While higher production of foodgrains may help better the agriculture growth...
More »Where not just the food, but the price is tempting too -Tripti Nath
-TheWeekendLeader.com Chennai: In Tamil Nadu, former Chief Minister Jayalalithaa’s posthumous omnipresence is best reflected in the success of the 657 Amma Unavagams (canteens) that serve piping hot fare at unbelievably low rates to anyone who walks in looking for a satisfying meal. These canteens provide barrier free access and are managed efficiently by a dedicated, diligent and disciplined army of women. Some even wake up at the crack of dawn and start...
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