-Livemint.com Contrary to popular perception, it’s not because of good luck or necessarily a large growth sacrifice; policymakers deserve more credit than they get One of the most visible macroeconomic successes in India over the last three years has been the sustained moderation of headline consumer price index (CPI) inflation. CPI (industrial workers) averaged 9.5% for six years between 2007 and 2013. For the last 30 months, however, it has averaged...

-The Hindu Held to account by the Supreme Court, the Central government is using opaque methods to change the key provisions of the employment guarantee scheme and make it targeted instead of universal. There is a pithy saying in Hindi that the elephant has two sets of teeth, one for show and the other to eat. This seems an apt description of the approach of the Narendra Modi government towards the implementation...

-Hindustan Times Chandigarh: Thanks mainly to the largesse of 10,000 tubewells and mass switch from whitefly-shadowed cotton, Punjab’s paddy yield is going to be an all-time high of 186-lakh tonnes. What could be worse. The experts are worried that this non-native crop may bring “momentary respite” to farmers but “spell doom for Punjab”. Paddy — never grown over 30-lakh hectares or 94-lakh acres before — has eaten into the area of other...

-The Hindu Bharatiya Mazdoor Sangh announces it will not take part in the strike. The Left affiliated central trade unions will go ahead with a nationwide strike on Friday, even as the Centre on Tuesday announced sops in a bid to placate them. The peace offering includes a hike in the minimum wage for unskilled non-agricultural workers in central public sector units from Rs. 246 to Rs. 350 a day and formation of...

-The Times of India NASHIK: Kharif onion plantation has declined by 68% in Maharashtra's Nashik district as compared to last year. Delayed monsoon and a fall in prices of summer onions have caused the decline. The total area under kharif onion plantation in the district was projected at 20,584 hectares (ha) but the plantation has been done on only 3,434ha (17%) so far. Last year, the area under kharif onion plantation was...