-Live Mint Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices by over 20% Like every year the government has hiked minimum support prices to help the farmers realize good returns in early June, but India’s rural Growth story is expected to run out of steam because of falling realizations of farmers and limited policy support, according to a recent report by...

Weak performance of monsoon this year has led the government to anticipate a significant increase in demand for work under its flagship ruralemployment guarantee scheme. The rural development ministry has asked all states to prepare contingency plans and review their estimates of work demand under Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). The move is an indication that the Centre is not very certain of monsoon catching up in the...

Madhya Pradesh's Gross Domestic Product ( GDP) Growth rate has swelled to 12 per cent in the last fiscal from 8 per cent in 2010-11, according to the revised estimates, officials said on Friday.  Besides, the state, having agrarian economy, recorded 18 per cent agriculture Growth rate in 2011 - 12, they added.  The economic and agriculture Growth is bound to benefit a huge populace engaged in construction and agriculture sector by...

Two ways to advertise your modernity in India today: first is to carry an iPad, second is to declare that you are firmly on the side of 'reforms' There are two quick ways to advertise your modernity in India today. The first is to carry an iPad when you go for meetings, even if all you do with it is read email; and the second is to declare that you are...

Days after he broke away from the NDA over choice of the presidential poll nominee, Bihar CM Nitish Kumar has managed to get the Centre to double the special assistance package to Rs 20,000 crore during the 12th five year (2012-17) plan. The state will get Rs 4,000 crore every year as central package. Although the assistance was promised at the time of its separation from Jharkhand, it was pegged at...