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Food inflation rises 9.03%

-Reuters   India’s food price index rose 9.03% and the fuel price index climbed 13.13% for the week ended 6 August, government data on Thursday showed. Finance minister Pranab Mukherjee termed the over 9% rate of food inflation as “not acceptable”, but expressed hope that government policies and a good monsoon will help ease prices. “Food inflation at the level of 9% is not acceptable. I do hope the measures taken to remove supply...

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Food items, fuel, clothing more expensive in July

-PTI   Select food items, fuel and clothing grew more expensive in July, leading to a 1.47 per cent rise in the Consumer Price Index (CPI) vis-a-vis the month of June to 110.4 points. The CPI, based on retail prices, stood at 108.8 points in June, as per data released by the government on Thursday. At the all-India level, the CPI for 'food, beverages and tobacco' went up by 1.57 per cent to 110.3...

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Ways Of Owning, Ways Of Belonging by Neha Bhatt

Why we are doing this story     * Tribal lands are under pressure across India. In Orissa, they have been holding out against big corporates like Vedanta and Posco. *** From afar, the fumes rising from factory chimneys in Gujarat’s industrial belt make them seem like skyscrapers on fire. It’s a grey rust-and-chemicals stretch that they call, without irony, the Golden Corridor. It extends all the way from the north of Ahmedabad, through...

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High food prices exacerbate crisis in drought-affected Horn of Africa–UN

-The United Nations   The prices of grain and milk in the drought-hit Djibouti, Ethiopia, Kenya and Somalia have risen to record highs, exacerbating hardship for the estimated 12.4 million people in the region who are facing severe food shortages and famine in some parts of Somalia, the United Nations reported today. According to the August food price monitor of the UN Food and Agriculture Organization (FAO), the high prices of cereals...

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The Wanton Sins Of The Soil by Lola Nayar

Bellary is only the tip of the rotting earthmound. Can a new proposed legislation clear the air? Two years ago, when the ministry of mines decided to use satellite imaging to survey projects, it unearthed several “unusual activities” across the country. “The amount of mining done and material being exported didn’t match in areas where certain companies had been given licences,” recounts a former senior bureaucrat with the mines ministry....

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