-Business Standard Deflation in manufacturing continues, food inflation picks up Wholesale price index (WPI)-based deflation persisted for a 14th straight month in December, the index dropping 0.7 per cent as compared to one of almost two per cent in November. However, food inflation rose to 8.17 per cent, the steepest in 17 months, from 5.2 per cent. This was on more expensive vegetable and non-vegetarian items, prompting economists to say the Reserve Bank...
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Let’s Use the CAG’s Criticisms to Strengthen, not Weaken, School Midday Meals -Dipa Sinha
-TheWire.in India’s midday meal scheme (MDMS) reaches more than 11 crore children across 12 lakh government schools around the country. Based on a Supreme Court order in 2001, states introduced a cooked meal in schools – replacing the earlier system of monthly “dry rations”. Despite many achievements, the scheme tends to make headlines for the wrong reasons. A recent audit report by the CAG found a number of implementation gaps, including...
More »Ramesh Chand, Member, NITI Aayog speaks to Mahendra Kumar Singh & Surojit Gupta
-The Times of India Ramesh Chand has spent over three decades in farm research and teaching agricultural economics and policy. He has now been appointed as a key member of the NITI Aayog to prepare a blueprint for the revival of the agricultural sector. In an interview to TOI, Chand talks about prices, rural distress, role of cutting edge technology and the need for state run institutions in the farm sector....
More »Arvind Subramanian, Chief economic advisor, speaks to Dilasha Seth, Arup Roychoudhury and Indivjal Dhasmana
-Business Standard Chief economic advisor Arvind Subramanian discusses the Budget, goods and services tax, Centre-state relationship and larger issues facing the economy with Dilasha Seth, Arup Roychoudhury and Indivjal Dhasmana. Edited excerpts: * In the mid-year economic analysis, you talked of revisiting the fiscal numbers for 2016-17. Is it a view of the chief economic advisor (CEA) or that of the government? I see my role as a member of the government. I...
More »Is the economy sick? -Salman Anees Soz
-The Hindu The Modi government’s policy is choking domestic demand at a time when global demand is also weak. This is hardly a recipe for double-digit growth. The title seems provocative. After all, for the last several months, we have all heard that India is now the fastest growing large economy in the world. The Finance Minister keeps assuring us that the country’s economic revival is on a firm footing and that...
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