-The Indian Express Food inflation owes largely to agricultural markets being regulated by outdated laws. The RBI governor, Raghuram Rajan, has a difficult task this week. He has to decide whether to keep interest rates constant or raise them - bearing in mind the possible taper of the US Fed's bond buying programme, a decline in industrial production and a rise in inflation. The sharp increase in consumer price-based inflation, to more...
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Grain glut -Jyotika Sood
-Down to Earth India faces a surplus of foodgrains. Is exporting a good option? With India's grain mountain set to implode, the government is desperate to push the exports of rice and wheat. However, a global glut and the resulting depression of prices are dimming the prospects of foodgrain exports. According to the Food Corporation of India (FCI), the nodal agency for grain trade in the country, India is sitting on 34 million...
More »India should stand its ground at Bali -Ashok Kotwal, Milind Murugkar and Bharat Ramaswami
-Live Mint Our food procurement policies may be lopsided but there is no link between the food security law and free trade The upcoming World Trade Organization (WTO) summit in Bali has attracted considerable attention in India because of its repercussions on our food policy. It is feared that the recently passed food security law will breach the negotiated limits on the aggregate measure of support (AMS) to farmers. AMS is...
More »Questions about India’s drug industry-Narayan Lakshman
-The Hindu Unless a deeper, institutional change is ushered in to break the nexus between drug companies and the regulatory regime, Indians consuming drugs may be exposing themselves to serious risks Even before I walked into the Mayflower Hotel in the heart of Washington on a crisp autumn afternoon to meet Dinesh Thakur, whistle-blower and former director of India-based pharmaceutical giant Ranbaxy, I had a hunch that this conversation would spark some...
More »Prices of onion, tomato continue to rule high in NCR
-PTI Tomato and onion prices arecontinuing to rule high at Rs. 60-80 per kg in retail markets of the national capital region despite improved supplies and fall in wholesale prices. Tomatoes are being sold at Rs. 60-70 per kg, while onions are available at high rate of Rs. 70-80 per kg. Prices of another kitchen staple, potato, have also risen to Rs. 40-44 per kg. Potato, onion and tomatoes are the three most...
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