-Livemint.com Amid all the gloom, the lower inflation rate and commodity prices could bring some respite With the southwest monsoon retracing, concerns about the deficiency of rainfall and its impact on the economy are increasing. The 15% rainfall deficit makes it the second consecutive year of less-than-normal monsoon dotted with some unseasonal showers. Together, this would have multiple ramifications on economic growth. Both macroeconomic and sectoral analysts have turned cautious and some...

-The Hindu Overall, industry bodies are positive about the ongoing contraction in inflation, but there is some wariness regarding deflation. Wholesale price inflation contracted for the tenth consecutive month, coming in at -4.95 per cent in August compared to -4.05 per cent in July. This follows Chief Economic Adviser Arvind Subramanian’s comments cautioning that India’s economy could be nearing deflationary territory. The data also comes two weeks before the Reserve Bank of...

-Business Standard This is our season of despair. This year, it would seem, the gods have been most unkind to Indian farmers. Early in the year came the weird weather events, like hailstorms and freak and untimely rains that destroyed standing crops. Nobody knew what was happening. After all, each year we witness a natural weather phenomenon called the "western disturbance" - winds that emanate from the Mediterranean and travel eastward...

-Economic and Political Weekly After coming to power in 2014, the National Democratic Alliance government took several measures to dilute the pro-poor provisions of the Land Acquisition Act of 2013. Though it has backed down, several questions remain over the way the Modi government has dealt with the issue of land acquisition. Santosh Verma (santosh.econ@gmail.com) is at the Council for Social Development, New Delhi. Land acquisition—by private corporations or the state—has raised vital...

-Down to Earth With only 58 per cent rainfall this season, Maharashtra is likely to face one of the worst agrarian crises ever As the fear of drought looms large over India, Beed district in Maharashtra’s Marathwada region is gearing up to face one of its worst agrarian crises this year. Matters have come to such a pass that the residents of Gangamasla village in the district have threatened self-immolation to protest against...