-Press Information Bureau/ Ministry of Finance The Economic Survey 2013-14 released in New Delhi today has highlighted several challenges and reforms required in the agriculture sector. The Economic Survey states that as a concomitant of growth, the share of agriculture and allied sector in gross domestic product (GDP) declined to 15.2% during the Eleventh Plan and further to 13.9% in 2013-14 (provisional estimates-PE). While it still accounts for about 54.6% of...

-The Business Standard   Food articles inflation dips to 8.64% compared to 9.9% in March Wholesale Price Index-based Inflation fell by 0.5 percentage points to 5.2 per cent in April from 5.7 per cent in March, providing some relief to a new government amid other deteriorating macroeconomic numbers such as retail inflation and industrial output. All three major components of the index - food, fuel and manufactured goods - recorded moderation in inflation on...

-The Business Standard   Policy roadblocks holding back solar power The solar energy sector is beset with several problems that need to be sorted out to allow it to expand to its potential. The Jawaharlal Nehru National Solar Mission, which was set up in 2010, has largely failed to supercharge the sector. Its first phase aimed at creating 1,100 megawatts of new capacity; only 252 MW has been added. Its second phase...

-The Hindu Differences over intellectual property rights (IPRs) have emerged as a strong undercurrent in India's economic relations with the U.S. The attempt by the influential pharmaceutical lobby to stymie India's efforts to ensure the supply of medicines at affordable rates without violating existing treaty commitments, requires a principled response from New Delhi. At the core of the issue is what Columbia University Professor Arvind Panagariya calls "the hijacking of...

-The Times of India BANGALORE: In a blow to government employees, including those who have retired, the Central Government Health Service has announced withdrawal of cashless medical service in private hospitals empanelled with the CGHS scheme from March 7. Patients will henceforth have to cough up hospital charges and later claim the amount from the government, according to the new rule. The move will affect 50 lakh serving employees and over 30...