-The Indian Express Ill-thought-out assertions about the efficacy of monetary policy can unhinge private expectations of inflation. The Indian Express recently published two articles by Surjit S. Bhalla on the subject of inflation in India (‘Where monetary policy is irrelevant', September 13 and ‘RBI, we have a problem', September 20). Bhalla's central thesis is that inflation in India is primarily driven by changes in the minimum support prices (MSP) for agricultural goods....

-The Hindu The Prime Minister's call for making India a manufacturing hub and creating jobs should boost small and medium enterprises as well Prime Minister Narendra Modi's ‘Make in India' campaign is creating waves both in India and abroad. Given the government's intention to boost domestic manufacturing and create new jobs, its proposal to introduce a new policy for Micro, Small and Medium Enterprises (MSMEs) deserves a closer look. While Mr. Modi's...

-The Times of India Over 113 million persons were "seeking or available for work", that is, they were unemployed, according to Census 2011 data released today. This huge number made up around 15% of the working age population of about 748 million persons in the 15 to 60 years age group. These unemployed persons were distributed over nearly 70 million families or households. That's about 28% of all households in the...

-PTI NEW DELHI: In order to improve availability of fodder in the country, several state governments today suggested setting up of a Fodder Corporation of India (FCI), ban on export of oilseed cake and disallowing harvesting of wheat and other fodder crop using combine harvestor. Some states also demanded that the Centre should treat animal husbandry, dairying and fisheries at par with the agriculture sector and ensure benefits such crop loans at...

The Business Standard The Planning Commission has not been central to the policymaking process since the mid-1960s In his Independence Day speech, Prime Minister Narendra Modi announced the end of the Planning Commission. There will be few mourners at its funeral, mainly old war horses like me. So this is in the nature of an obituary for an institution in which I served for a decade and a half, and where I...