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High Vegetables Prices May Push Retail Inflation

-PTI Poor monsoon continues to put pressure on prices of staple vegetables, including tomato and potato, and could further push up retail inflation which is hovering above the double-digit mark. Rates of key veggies are yet to show signs of coming down compared to mid-July due to supply constraint as a result of deficient rainfall across the country. According to IMD, the country has witnessed 19 per cent rain deficiency during the season...

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Facing up to a drought

-The Hindu What started as a dismal monsoon has since gone from bad to worse. It reached the subcontinent a few days late and its progress northwards thereafter was anything but vigorous. By the end of June, large swathes of the country had received hardly any rain and the nationwide rainfall deficit soared to 29 per cent. Even at that stage, however, there was a chance that the monsoon could recover...

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US politicians must regulate finance to tackle the drought and food-price crisis-Raj Patel

-The Guardian US leaders worked hard to tackle the 1930s drought and food crisis. Today they are supine, offering the hungry only prayers If you're wondering whether the US drought will create a global food crisis, the answer's easy. It's yes, because there's a food crisis already. The latest year for which we have figures is 2010, when 925 million people were declared malnourished. Soon after the number was announced, the World...

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35 lakh e-ticket rail bookings failed in June-Manthan K Mehta

-The Times of India That Indian Railway Catering and Tourism Corporation (IRCTC)'s e-ticketing facility has not kept pace with the rise in demand is evident from the large number of failed transactions. Approximately 35 lakh transactions in June 2012 and almost 37 lakh attempts in May 2012 could not materialize due to the huge rush to book railway tickets online. To top it, there are several cases where a ticket is...

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RURAL URBAN GAP SHRINKS BUT INEQUALITY RISES

The much awaited results of the National Sample Survey have once again spilled the beans about India’s effort in fighting poverty. The provisional results of the 68th Round of National Sample Survey (NSS) of household consumption expenditure (which is often taken as a proxy for income) finds that the average monthly per capita expenditure (MPCE) at current prices in urban areas (Rs. 2401.68) is 1.87 times more than the average...

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