IF DISRUPTIONS over phone tapping and the India Premier League controversy had not taken Parliament sessions hostage, the Rajya Sabha may have passed the controversial Seeds Bill in the week of April 26, when it was slated to come up for discussion. The government was keen to give this Bill the force of law as soon as possible because the seed industry wants it. The Seeds Bill originally proposed in 2004...
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Men of letters, unmoved readers by P Sainath
Suicide notes in Vidarbha are at times addressed to the Prime Minister, the desperate last cries of voices that went unheeded when alive. Seeking authenticity for his letter to the Prime Minister and the President, Ramachandra Raut composed it with care on Rs.100 non-judicial stamp paper. Then he added a few more addressees, including his village sarpanch and the police, in the hope that it got home someplace. Then he...
More »Food inflation falls to 16.04%
Food Inflation further eased to 16.04% for the week ended April 24, as arrival of rabi (winter) crops cooled down prices of essential items. Inflation fell over 0.57% from 16.61% in the previous week on account of a percentage point drop in prices of fish, fruits, wheat and vegetables over the week. However, tea prices rose 13% while maize, gram and eggs prices were up 1% each. Prices of cereals...
More »Wheat prices drop on extra allocation on PDS
Wheat prices started showing a downward movement today after an Empowered Group of Ministers (EGoM) headed by FM Pranab Mukherjee okayed the release of an additional 30 lakh tonnes of wheat and rice for the poor, over and above the current PDS allocation, for the next six months. The most-active wheat contract was reportedly trading around 0.60% lower at Rs 1,158.40/qtl on the back of fresh selling in anticipation of...
More »More rice, wheat for ration card holders by Sangeeta Singh and Sanjiv Shankaran
An empowered group of ministers headed by finance minister Pranab Mukherjee decided to release an additional 500,000 tonnes of wheat and rice every month for sale to ration card holders for the next six months, according to agriculture minister Sharad Pawar. The move is aimed at reining in prices and curbing inflation and will cost the government an estimated Rs2,000 crore. The group met on Wednesday to discuss foodgrain availability...
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