-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...

-Livemint.com Low support price, land acquisition bill, short supply of fertilizers among triggers for clashes, shows analysis New Delhi: Security agencies have warned the government of growing farmer unrest across the country as rural distress worsens. There has been a spurt in clashes among farmers and government agencies, particularly in states such as Maharashtra, which is facing acute rural distress. Till June end, 74 incidents were reported nationwide, twice the number recorded...

-The Telegraph New Delhi: Punjab chief minister Parkash Singh Badal has asked the central government to increase wages under the national rural job scheme to at least Rs 300 a day to attract workers, a view apparently shared by many states as well as activists. An official in the rural development ministry said many state governments had already written to the Centre citing difficulties in implementing the MGNREGA because of the low...

-Al Jazeera Prime Minister Narendra Modi is unlikely to narrow the gap between Indian elites and the rest of the population India has experienced a significant economic growth spurt in recent decades. After seeing annual growth of 3 percent in the years after independence in 1947, the rate began to double, reaching a rate of around 6 percent per year after 1980. However, the distribution of growth proceeds has been very uneven...

-The Indian Express The objective is to ensure that a standard minimum wage rate exists for all kinds of occupations. The government is seeking to significantly boost incomes of the country’s lowest paid workers by substantially raising the minimum wages payable to them, mandating payments through formal banking channels and ensuring they get social security benefits like provident fund and medical insurance. Fresh amendments are being readied to incorporate these changes to...