-The Economic Times India's consumer prices climbed 10.56 per cent in December from a year earlier. This will hold the RBI's rate-cutting hand and prove politically painful for the government. The increase in the Consumer Price Index (CPI), over three percentage points more than the increase in the Wholesale Price Index (WPI) number, is due to a spurt in prices in the food and beverage category - mainly vegetables, oils and fat,...
More »SEARCH RESULT
Andhra bans gutkha, paan masala-M Suchitra
-Down to Earth Becomes 17th state in country to impose ban on them The Andhra Pradesh government on January 9 banned manufacture, storage, sale, transport and distribution of gutkha, paan masala and similar chewable products that contain tobacco and nicotine. The ban has come into force with immediate effect. With this, Andhra Pradesh becomes the 17th state in India to ban tobacco products (see box). Civil society organisations and anti-tobacco activists have long...
More »Balancing a diet
-The Business Standard Govt's unbalanced food policy has disastrous results Consider the following discrepancies in the farm sector. The country is now the world’s largest exporter of rice, a crop grown with huge quantities of scarce water and heavily subsidised fertilisers. At the same time, it is the leading importer of pulses, which require very little water to grow and fortify the land with nitrogen to reduce the fertiliser need even...
More »Two sides of a coin -Sitaram Yechury
-The Hindustan Times Some weeks ago, much before the gruesome gang rape and murder in the capital ruptured the country's conscience and forced our people out of their stupor to rise in widespread angry protests, The Guardian had posed the following question: "Of all the G-20 nations, India has been labeled as the worst place to be a woman. But how is this possible in a country that prides itself as being...
More »Understanding FDI in Retail: What Can Economic Principles Teach Us? -Abhirup Sarkar
-Economic and Political Weekly The recent debate on the acceptability of foreign direct investment in the retail sector in India has been mostly political. It is necessary to look into the pros and cons of FDI in retail from a purely economic point of view. This article identifi es the safeguards that should be undertaken before allowing giant multinationals to function in the country. Abhirup Sarkar (abhirup@isical.ac.in) is with the Indian Statistical...
More »