-The Business Standard Inflationary figures could also desist RBI from easing its monetary stance to perk up economic growth The retail price index-based inflation jumped to an all-time high of 11.24%, driven by high vegetable prices, official data showed today. The inflation stood at 10.09% in October, entering double digits for the first time in six months. The surging prices of essential commodities were an important issue in the...
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Bengal among most expensive states in India -Rohit Khanna & Suman Chakraborti
-The Times of India KOLKATA: You must have been complaining about rise in prices across categories - food or non-food. What you have not realized is West Bengal has become one of the most expensive states in India. Consumer price indices for October this year, filed with the Parliament barely a fortnight back, shows that Bengal's figure is now the second highest. Consumer price indices (CPI) for the rural Bengal during October...
More »What's cooking in inflation numbers?-Soumya Kanti Ghosh
-The Business Standard Changing aspirations and strong rural demand could explain why core inflation may not decline fast enough Recently, the Reserve Bank of India governor exuded confidence that the Indian economy will do fairly better in the current fiscal. While it is difficult to envisage a significant turnaround, we believe interpreting the recent inflation uptick may be the key to such optimism. We also think that inflation (both wholesale and retail)...
More »Veneer of fairness -TK Rajalakshmi
-Frontline The government pushes through the Land Acquisition Bill, but critics say it will take away more than what it purports to give. CLOSE on the heels of the passing of the National Food Security Bill, the Congress-led United Progressive Alliance government pushed through its other game-changer initiative, the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Bill, 2013, or LARR Bill, ostensibly to address the injustices...
More »New law no relief to manual scavengers-B Kolappan
-The Hindu Central law has provisions that only justifies the age-old practice Chennai: There is a law, a court order and a committee. The Centre passed the Prohibition of Employment as Manual Scavengers and their Rehabilitation Bill, 2012 on Saturday. However, the death of 30 workers in 30 months since February 2012 in Tamil Nadu seems to suggest that nothing is able to prevent the abominable practice. Most of those who died were workers...
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