-The Indian Express   Reserve Bank of India Governor D Subbarao on Tuesday cautioned that policies — the significant increase in rural wages triggered by the MGNREGS and inflationary implications of the proposed Food Security Bill — aimed at inclusive growth can stoke inflationary pressures at any rate in the short-term. “The need for making growth inclusive is incontestable, but it is important to recognise that policies aimed at inclusion can stoke inflationary...

Jharkhand has produced more rice than it needs this season, thanks to the monsoon bounty after three consecutive years of drought, enabling the state to set up procurement centres in all 24 districts for the first time. Till now dependent on Chhattisgarh, Bihar and Madhya Pradesh for its annual requirement of around 20 lakh tonne of par boiled, or usna, rice, Jharkhand is likely to log a bumper harvest of 35-37...

For once, it is a happy farewell to the monsoon. An indulgent rain god, who overstayed for a week to compensate two successive years of drought in Jharkhand, today departed with the golden promise of a bumper winter yield. Weathermen at the Patna Meteorological Office confirmed that the monsoon trough had become weak after October 11, but faded away only today. “The rains have officially withdrawn from Jharkhand. But several parts of...

As I write this my city Delhi is drowning. It started raining early this morning and within a few hours the city has come to a standstill. The television is showing scenes of traffic snarled up for hours, roads waterlogged and people and vehicles sunk deep in water and muck. The meteorological department records that some 60 mm of rain has fallen in just about 6 hours; 90 mm in 24...

More than two years have passed and there seems to be no progress worth speaking about in making the promised law that will guarantee food for the people. The promise came from the UPA-2 as part of its election manifesto in 2009. It was a time of recovery from a time of economic troubles. The impact of the global economic slowdown came on top of the agrarian crisis and the...