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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...

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Budget bids adieu to welfare state, rue civil rights activists

-The Hindu Business Line Fails to ease distress caused by demonetisation’ New Delhi: Terming the Union Budget 2017-18, presented by Finance Minister Arun Jaitley, as detrimental to the realisation of the welfare State, as enshrined in the Constitution, civil rights organisations said it “fails to respond to the present situation of distress and unemployment especially aggravated by demonetisation.” “The Budget seems to be perpetuating unemployment, hunger and malnutrition,” said a release by the...

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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...

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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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How Demonetisation Has Accelerated Tamil Nadu's Deepening Agrarian Crisis -R Ramasubramanian

-TheWire.in Out of the 144 recorded farmer suicides, over 40 were from outside the Cauvery delta region. Observers and farmers directly attribute demonetisation as one major factor behind the suicides. Tamil Nadu is facing one of its worst agrarian crises since independence. All of the state’s 32 districts have been officially declared as ‘drought-affected’.  In a statement issued on January 10, chief minister O. Panneerselvam announced that the move was necessitated following...

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