-The Hindu The Modi government’s policy is choking domestic demand at a time when global demand is also weak. This is hardly a recipe for double-digit growth. The title seems provocative. After all, for the last several months, we have all heard that India is now the fastest growing large economy in the world. The Finance Minister keeps assuring us that the country’s economic revival is on a firm footing and that...
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States fail to implement MDMS with vigour, finds CAG report
In its performance audit of the Mid Day Meal Scheme (MDMS) carried out in 27 states (except Mizoram) and 7 Union Territories (UTs) during the period 2009-10 to 2013-14, the Comptroller and Auditor General of India has observed that the provision of noon meals in public schools could not stop children's enrolment in private schools because quality of education imparted is a major concern among the guardians. (Please check the...
More »How to check the pulse of rising food prices -Sanjoy Narayan
-Hindustan Times Nearly half of what the average Indian earns she spends on food. And when food prices rise, the average Indian’s budget feels the strain. In November, the consumer food price index, which tracks food prices at retail sales points, was up 6.07% as compared to 5.25% in October. Even data relating to the Wholesale Price Index (WPI), which tracks prices of commodities when they are traded in bulk, show...
More »Rich bloc wants poor nations to cut farm dole -Subodh Varma
-The Times of India After a bruising battle between the rich countries and blocs of not-so-rich ones, the Nairobi World Trade Organisation (WTO) meeting of 160 nations failed to reach an agreement on an issue that directly affects 250 million farmers and farm workers in India. One of the bitterest fights, continuing from previous rounds, saw India lead a group of nearly 50 developing countries to stave off attempts by richer...
More »Food Inflation pulses up -Ravi Krishnan
-Livemint.com As the base effect wears off in some categories and unseasonal rains affect winter sowing, the prognosis for Food Inflation doesn’t look good Food Inflation, which inched up to 6.08% in November, is the main story in Monday’s Consumer Price Index (CPI) data. Lentils were the main culprits for the rise. Inflation in pulses and pulses products rose to a high of 46.08% since the new series has been released. Inflation...
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