The Food Corporation of India had drawn flak for the tardy manner in which it handled mounting foodgrain stocks - Low wheat procurement addresses FCI’s storage woes

The MSME sector contributes around 9 per cent of India’s GDP and accounts for around 45 percent of manufacturing output - MSME share in exports was 43% in 2011-12

The US fiscal deficit is still dangerously high, but nobody is moving to reduce it - America’s deficit complacency

The country’s industrial output probably rose for a fourth consecutive month in April, but at a slightly slower pace, a Reuter’s poll showed, suggesting economic recovery remained tepid - April industrial growth could be 2.4%

Following India’s economic growth plummeting to a decade low of five per cent in 2012-13, economists say if one considers the first set of data released for April and May, There are no clear indications of a recovery this financial year - Yet to see green shoots of recovery: Economists

The measures taken by the government will lead to economic growth of at least 6 per cent in FY14 against a decadal-low growth of 5 per cent in FY13. According to him, the impact of the government measures would be felt from the second quarter or the second half of the year - ‘More than 6% growth is still possible in FY14’

The rupee today hit a record low to close at 58.14 a dollar, as foreign institutional investors (FIIs) withdrew from the country and the outlook on India’s current account deficit continued to be bleak - Rupee hits record low, makes it difficult for RBI to cut rate