-The Economic Times Governor of the Reserve Bank of India, D Subbarao said on Tuesday that India's food inflation was fanned by change in dietary habits. Commenting on high inflation, Subbarao said that underlying drivers of inflation have changed. "India needs to address challenge of food inflation. Food inflation has substantially come down but over the last 3.5 years since 2008-2009, average food inflation has shot up higher than the past 6...
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World Livestock Report Packs Many Surprises
We see malnutrition as a burden on our conscience, and on our exchequer. We also know it is a daunting task to get rid of child malnutrition. But do we know about the economic benefits on the other side? A new FAO report tells us that India can increase its national income by a massive US$ 28 billion by eliminating child malnutrition. Now that is serious economic gain so read...
More »State Information Commissioner's statement shocks RTI activists by Mohamed Imranullah S
He says the Commission can only order supply of information A statement made by State Information Commissioner T. Srinivasan on October 21 that the Commission has no jurisdiction to inquire into allegations levelled against public information officers (PIO) for having provided misleading or false information, has come as a rude shock to RTI (Right to Information Act, 2005) activists here. The commissioner had made the statement while disposing of an RTI application...
More »Blame China for the stubborn and high Inflation by Smriti Seth
There is a China hand in India's inflation, one important reason why the steady rise in interest rates may not be cooling the high inflation. About 25% of imported inputs that go into manufacture of goods produced locally are imported from China. In addition, a third of consumer goods imported into India come from China. The inflation in goods exported by China was 10% in July, much higher than its overall...
More »A spoonful of policy
-The Business Standard Remember the food riots of 2008? Is the world heading towards another food crisis? That, worryingly, seems to be the conclusion that a new publication on food prices and availability in the next decade (2011-20), issued jointly by the Organisation for Economic Cooperation and Development (OECD) and the United Nations Food and Agricultural Organisation (FAO), arrives at. The OECD-FAO report forecasts agricultural commodity prices, in real terms,...
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