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Centre plans fisheries push -Sanjeeb Mukherjee

-Business Standard Cabinet note soon on Rs 1,800-cr investment over 5 years to boost sector, skills To push fish production, the Centre is formulating a programme to tap water reservoirs and neglected water bodies such as wetlands for breeding through modern technologies. The programme, part of Prime Minister Narendra Modi’s vision of a Blue Revolution, entails Rs 1,800 crore over the next five years, much lower than what was envisaged by a working...

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Urbanisation in India slow, messy, hidden: World Bank -Subodh Varma

-The Times of India India and her neighbors are going through a tortuous process of urbanization - slow, messy and partly hidden. This is seen in severe problems of livability and congestion, making cities unattractive for rural migrants. As a result, whatever benefits urban agglomerations could have offered in terms of economic advance are getting diluted. This is the dire analysis of a 200-page World Bank report on urbanization in South...

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The looming spectre of rural distress -Vatsala Kamat

-Livemint.com Amid all the gloom, the lower inflation rate and commodity prices could bring some respite With the southwest monsoon retracing, concerns about the deficiency of rainfall and its impact on the economy are increasing. The 15% rainfall deficit makes it the second consecutive year of less-than-normal monsoon dotted with some unseasonal showers. Together, this would have multiple ramifications on economic growth. Both macroeconomic and sectoral analysts have turned cautious and some...

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Inflation falls to -4.95%, spurs deflation fears, rate cut hopes -TCA Sharad Raghavan

-The Hindu Overall, industry bodies are positive about the ongoing contraction in inflation, but there is some wariness regarding deflation. Wholesale price inflation contracted for the tenth consecutive month, coming in at -4.95 per cent in August compared to -4.05 per cent in July. This follows Chief Economic Adviser Arvind Subramanian’s comments cautioning that India’s economy could be nearing deflationary territory. The data also comes two weeks before the Reserve Bank of...

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Why Maharashtra is under stress -Ashok Gulati

-The Indian Express It needs to restructure its agriculture, develop sustainable cropping patterns. Laxman Singh Rathore and his entire team in the Indian Meteorological Department (IMD) need to be complimented for giving us sufficient warning, well in advance, about the likelihood of yet another year of deficit rainfall. Although it was not good news, the messenger kept its honesty and boldness in speaking the bitter truth. On April 22, in its...

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