-The Economic Times Nothing can be more ironic than to have food inflation at 18% (August 2013 over last August) in a country that takes pride in enacting the National Food Security Act (NFSA) and bestowing "the right to food" to 67% of its population by promising 5 kg cereals per capita per month (pcpm) at highly subsidised rates. Given that cereals consumption is 10.7 kg pcpm, people will have to face...
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Poverty Trends in India 2004-05 to 2009-10 Updating Poverty Estimates and Comparing Official Figures -Utsa Patnaik
-Economic and Political Weekly A comparison of the consumption expenditure and associated nutritional intake data for 2009-10 with that of 2004-05 shows worsening poverty in terms of the percentage of people unable to reach the minimum required calories energy intake through their monthly spending on all goods and services. This result must be seen in the context of neo-liberal policy, the financial crisis and consequent global recession affecting export production, the...
More »Missing jobs
-The Indian Express To address the crisis of rising unemployment, first fix labour laws. That there haven't been too many protests against the elevated levels of consumer price inflation for several years probably has to do with the number of jobs being created. While UPA 1 had a poor track record, and only 3 million new jobs were created between 2004-05 and 2009-10, National Sample Survey (NSS) data shows the situation improved...
More »Kharif 2013 pulses harvest touches 7 million tonne -Sutanuka Ghosal
-The Economic Times KOLKATA: India's pulses harvest for the Kharif 2013 season has touched 7 million tonne (as compared to 5.9 million tonne in 2012 and, as per the latest report of Weather Watch Group in Agriculture Ministry, the acreage planted to pulses has touched 10.2 million hectares (as compared to 8.8. million hectares in 2012. Mr. Pravin Dongre, Chairman - India Pulses and Grains Association (IPGA) speaking about the kharif harvest...
More »Pulling manufacturing out of the rut-Arun Maira
-The Hindu It is the only sector that can create jobs and prevent the economic crisis from deepening In the last two decades, the Indian economy has witnessed a transformational change to emerge as one of the fastest growing economies in the world. Economic reforms unveiled in 1991 have brought about a structural shift enabling the private sector to assume a much larger role in the economy. GDP growth has largely been...
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