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Can higher interest rates tame India's food inflation? -Dipak Dasgupta

-The Business Standard The challenge to anti-inflation policy lies in better institutions and better evidence-based policy Our failure to rein in inflation has been costly. Economically, it has hurt growth. Poor and urban middle-class households have been affected the most. A combination of slowing growth and high inflation has weakened our macro-fundamentals: households fled financial savings, domestic and foreign investors lost confidence, and the rupee plunged. Politically, it has been a disaster. For...

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Foodgrain output may reach all-time high: Pawar

-The Times of India NEW DELHI: Agriculture minister Sharad Pawar on Wednesday said the country's food grain production is likely to reach an all-time high level this year as bumper crops are expected in wheat, rice and pulses on the back of good monsoon rain last year. He said wheat production is likely to cross 100 million tonnes for the first time in 2013-14, surpassing the previous record of 94.88 million tonnes...

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Non-farm jobs to shrink by 25 pc in 7 years: CRISIL

-The Hindu Chennai: In an indication of poor economic growth taking its toll on the job market, an estimated 12 million people may be forced to look for low-quality, low productivity rural or agriculture jobs over seven years, a reversal of old trend of migration from farm to non-farm employment opportunities, pointed out a report of CRISIL Research. Job generation in the non-farm sector will slow down sharply in the coming...

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Dr. Manmohan Singh, Prime Minister of India meets the press at the National Media Centre, New Delhi

-Press Information Bureau Preliminary Transcript of the Q&A portion of the Prime Minister's Press Conference at the National Media Centre, New Delhi Q: After the Assembly elections, much churning is going on in the UPA. Do you think the Congress should now announce its PM candidate? PM: The Congress President has already answered that question. We will announce our candidate for the Prime Ministership at the appropriate time. Q: On corruption issues which have...

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Social media rescues dying Indian languages-Bijoyeta Das

-Al Jazeera The Internet and mobile communication are doing the most unexpected - resurrecting hoary languages given up for lost. In the language of the Bhatu Kolhati, a remote nomadic tribe in India's western Maharashtra state, tatti means tea and gulle is meat. But, Kuldeep Musale, 30, who belongs to this tribe barely remembers his mother tongue. Well educated and having studied in boarding schools since he was six, Musale instead uses...

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