-The Telegraph Kolkata: The Mamata Banerjee government today announced a scheme to allow big private investors to directly procure farm produce - a segment that Buddhadeb Bhattacharjee could not liberate from the stranglehold of the Forward Bloc. The scheme titled Brihat Krishak Bazar Yojana, which loosely translates into mega farmer market programme, seeks to "connect the local market to high-growth demand centres" and weed out middlemen. The project will allow private developers to...

The declining trend in food price inflation globally may not hold true for inflationary trends faced domestically due to a weakening Indian Rupee vis-a-vis the US Dollar. The recently released FAO Food Price Index (nominal) has shown a declining trend in July for the third consecutive month owing to lower international prices for grains, soy & palm oil, meat, dairy and sugar. (See links below) Based on FAO Food Price...

-Reuters BANGALORE: Inflation likely picked up slightly in July as its falling currency pushed up the price of imports, making raw materials more costly, and on rising food prices, a Reuters poll showed. Wholesale prices, India's key inflation measure, rose an annual 5 percent last month, the poll of 30 economists showed, hitting the ceiling of the Reserve Bank of India's commonly perceived comfort level. That was up slightly up from June's 4.89...

-The Hindu As the operations of organised gangs that seek to make a killing out of the insatiable demand for sand are in focus, environmental concerns posed by indiscriminate mining grow. Nitin Sethi discusses the imperatives. Should India have a river regulatory zone, on the lines of the coastal regulatory zone, to manage development and mining activity? The devastation in Uttarakhand, and the controversy over the sand mafia's control on river beds,...

-The Telegraph New Delhi: The Supreme Court today ticked off the government for "dilly dallying" on an affordable drug pricing policy, following a petition that said the delay was aimed at pushing through suggestions of the powerful manufacturers' lobby. A bench of Justices G.S. Singhvi and Gopala Gowda asked the Centre to respond within six weeks. The All India Drug Action Network (AIDAN) had filed the application saying the government was delaying a...