In more ways than one the calendar year 2010 would go down the memory lane as a watershed year for the food and agriculture front in the country which recorded unprecedented growth rate of 4.4 per cent in July-September quarter but by December unprecedented price hike of essential food items especially left consumers in tears. As the year comes to an end, an embattled government and the Union agriculture ministry stood...
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Plan to link NREGA wages to inflation hits CP Joshi wall by Priyadarshi Siddhanta
Rural Development Minister CP Joshi has refused to move on a proposal by the Planning Commission to link wages under the national job guarantee scheme to the consumer price index. In fact, the Plan panel’s proposal was echoed by the National Advisory Council chaired by UPA Chairperson Sonia Gandhi.In a presentation to Prime Minister Manmohan Singh recently, the Planning Commission made a strong case for aligning the wage levels to...
More »Pawar denies Prime Minister sought explanation for price rise by Manas Dasgupta
Union Agriculture Minister Sharad Pawar on Saturday denied that Prime Minister Manmohan Singh had sought his explanations on the rising prices of Onions and other agricultural commodities. In a brief chat with the media persons on the sidelines of the two-day “Coop Core – 2010,” heralding the nationwide launch of the core banking solutions (CBS) for the urban cooperative banks, which began here on Saturday, Mr. Pawar said he too had...
More »Vehicles ban, Gujjar stir also caused price rise by Gargi Parsai
The retail prices of Onions and tomato largely remained unchanged on Saturday although the price of garlic fell by up to Rs. 40 a kg, thanks to better supplies. It is expected that the availability of these essential items will improve in three weeks when the late kharif crop arrives in the market. According to reports from the four metros, Onion prices remained stable at Rs. 50-60 a kg, while tomato...
More »The political price of Onions
The spectre of rising Onion prices is haunting Indian politics again. As prices trebled over a period of three weeks, touching Rs.90 a kg in some parts of the country, the liliaceous plant, whose bulb is the mainstay of many Indian staple recipes, became a topic of debate and discussion not only for ordinary consumers, but for economists and policymakers as well. India is the world's second largest producer of...
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