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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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What development? For whom?-Chapal Mehra

-The Hindu   Development is as much a process of providing services as of removing obstacles and giving freedom from all sorts of discrimination. In what is perhaps one of India's most communal, polarising, divisive and personalised election campaigns, we are told far too often that this election is really about development. Yet, none of the political parties clearly defines development either in their speeches or in their manifestoes. So, what do they...

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UPA-2’s costly mistake: failure to curb rising prices-Asit Ranjan Mishra

-Live Mint   A key reason for the surge in anti-incumbency faced by UPA has been its failure to curb inflationary pressures New Delhi: A key reason for the surge in anti-incumbency faced by the Congress-led United Progressive Alliance (UPA) has been its failure to curb inflationary pressures for most of the regime's second tenure. While inflation based on wholesale prices averaged 6.1% during UPA-1 (2004-2009), it was a percentage point higher at 7.1%...

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Gujarat model hyped? Other BJP-ruled states, non-Cong parties performed better -Chetan Chauhan

-The Hindustan Times   Gujarat's developmental model has dominated this election season, thanks to BJP's PM candidate Narendra Modi making it a poll issue and the Congress hitting back with vengeance. Modi showcased his state's model to project his performance. The Congress called it a ‘toffee' model that India does not need. TMC said the West Bengal model was better while Telugu Desam Party said the Gujarat model was inspired by the one...

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How data can address food security -Pravin Chandrasekaran

-The Hindu Business Line Given the analytical output, it will become easier for governments to take decisions Global country risks, weather uncertainty, crop failure, lack of hedging instruments, increased capital costs, lack of insurance mechanisms and logistical bottlenecks are just a few of the issues that lead to volatility in prices of agricultural commodities. This volatility, combined with a steady increase in demand for food around the world, has forced us to accept...

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