-Business Standard Poor rainfall has also depleted water reservoirs levels, which is likely to impact the winter crops All signs point to the growing distress in rural areas. The rainfall deficit currently stands at 15 per cent of its long-term average. If the situation persists, this year's monsoon could end up being the worst in nearly three decades, say experts. Poor rainfall has also depleted water reservoirs levels, which is likely to...
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Inflation falls to -4.95%, spurs deflation fears, rate cut hopes -TCA Sharad Raghavan
-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...
More »National Health Policy 2015: Mapping the Gaps -Forum for Medical Ethics Society
-Economic and Political Weekly The draft National Health Policy 2015 is an improvement over its predecessors--the policies of 1984 and 2002. However, it also reveals several gaps, inconsistencies and blind spots which tend to dilute otherwise constructive proposals. The purpose of this article is to open up the draft to further public debate and comment. Forum for Medical Ethics Society (fmesmumbai@gmail.com) is a voluntary, non-profit organisation registered in Mumbai. The society was...
More »Dismayed farmers, defunct policies -Ashok Gulati
-The Indian Express The Centre needs to wake up. Otherwise India may return to the shortages of the mid-1960s. The cumulative rain deficit in the current monsoon season stood at (-)12 per cent of the long period average (LPA) as on August 27. If the deficit continues at this level till the end of September, the IMD’s forecast would be coming true. Technically, like last year, this would also be a drought...
More »5 million jobs lost during high-growth years, says study
-PTI NEW DELHI: As many as five million jobs were lost between 2004-05 and 2009-10 — paradoxically during the time when India's economy grew at a fast clip — an Assocham study said. This has put a question mark on whether economic expansion should be linked to job creation, according to the study. Moreover, it observed that over-emphasis on services and neglect of the manufacturing sector are mainly responsible for this "jobless growth"...
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