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The employment story reflected in NSS data: Jobless growth reversed-Santosh Mehrotra

-The Economic Times The latest round of NSS - the 68th employment-unemployment round - brings good news for jobs. The data for 2011-12 shows that total employment in the economy has risen from 460.2 million in 2009-10 to 472.9 million in just two years. This is good news compared to the previous five-year period that saw an increase of only 2.5 million jobs over 2004-05 and 2009-10. Another piece of good news...

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Kharif crop to gain as Met sees good rains in July too -Jayashree Bhosale

-The Economic Times PUNE: After receiving a 32% above-average rainfall in June, the country is likely to get good rainfall in July too. According to IMD officials, the Madden-Julian Oscillations (MJO) has become favourable for the monsoon and will result in good rainfall from mid-July. This will benefit kharif crops, which have been sown early due to timely monsoon. D Shivanand Pai, head of IMD's long-range forecasting division, said, "The Madden-Julian Oscillation...

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Food for politics

-The Hindu The government has come good on its promise to put in place a food security architecture but the manner in which it has pushed through the historic measure, which gives roughly 67 per cent of the population a legal right over cheap food grains, suggests it was done with an eye on the 2014 general election. The ordinance route is an extraordinary move, considered legitimate only in situations of...

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The politics of cheap rice in Karnataka -ND Shiva Kumar & Narayanan Krishnaswami

-The Times of India With the state budget all set to be presented on July 12, TOI takes a hard look at the government's cheap rice scheme and its impact on politics and employment. Will cheap rice boil? Let's look at the math. Reducing the price from Rs 3 to Re 1 per kg will help a family save Rs 60 per month. Till now, poor families got rice from the Public Distribution...

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Maharashtra govt to sell 30% cheaper veggies at 10 city centres

-The Times of India MUMBAI: Unable to prevent prices of vegetables and fruits from going through the roof, the state government is now promising their supply to Mumbaikars at reduced rates, a promise observers say needs to be taken with a pile of salt. Starting Monday, the government will-for the first time since 1999-sell vegetables and fruits at a price 30% lower than the current retail rate at select co-operative outlets...

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