-PTI Paddy MSP of Grade 'A' variety has been raised by Rs 55 to Rs 1,400 a quintal The government today announced Rs 50 per quintal increase in the minimum support price of paddy to Rs 1,360 to encourage farmers to cultivate rice, but said that the decision will not have an impact on inflation. Minimum support price (MSP) of pulses has been raised by up to Rs 100 per quintal. The Cabinet Committee...
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How Govt can fight food inflation -Tejinder Narang
-The Hindu Business Line Plus &CCEdil;a change, plus c'est la même chose (The more things change the more they remain the same ): A French proverb. In its earnest to tackle rising food inflation the new Government has taken a welcome initiative to delist fruits/ vegetables including onions (FVO) from the Agricultural Produce Marketing Committee (APMC) Act, while all other measures are as usual - short term of political expediency, repeated several...
More »CBSE schools triple as board’s popularity grows across India -Vinamrata Borwankar & Hemali Chhapia
-The Times of India MUMBAI: The landscape of school education has for long promised a variety of options. Almost half-a-dozen school boards-local, national and international-offer Indian students a choice of academic algorithms for careers ahead. But of them all, CBSE (Central Board of Secondary Education), which was largely designed for those who moved home and could not be loyal to a state board, is picking up popularity across the nation. In 1996-97,...
More »The political economy cycle in India-Pramit Bhattacharya
-Live Mint As a democracy matures, citizens become more willing to trust elected representatives to plan and take steps for the long-term growth and development One common complaint during this election has been that the election commission (EC) has to be consulted before the government and its regulatory agencies take any routine decision. Decisions relating to gas price hikes and bank licences all had to be cleared by the EC, whose over...
More »IMF study finds inequality is damaging to economic growth-Phillip Inman
-The Guardian International Monetary Fund paper dismisses rightwing argument that redistributing incomes is self-defeating The International Monetary Fund has backed economists who argue that inequality is a drag on growth in a discussion paper that has also dismissed rightwing theories that efforts to redistribute incomes are self-defeating. The Washington-based organisation, which advises governments on sustainable growth, said countries with high levels of inequality suffered lower growth than nations that distributed incomes more evenly. Backing...
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