-The Hindustan Times The government\'s first budget is likely to signal the new administration\'s intention of reforming India\'s fuel pricing regime with monthly hikes of Rs. 10 per cylinder of cooking gas (LPG). Each household will, however, continue to be entitled to 12 subsidised cylinders a year. Currently, a subsidised LPG cylinder costs Rs. 414 in Delhi while the market price - which consumers pay for any demand beyond the quota -...
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Long-term deals with cement companies for concrete roads on cards -Dipak Kumar Dash
-The Times of India NEW DELHI: The highways ministry is looking at entering into long-term contracts with cement majors across the country to purchase the construction material at a lower cost and shift to concrete roads, which are seen to be more durable although they cost more than those made using bitumen. Road transport and highways minister Nitin Gadkari - who had announced his support for concrete the day he took...
More »The Spectre of Food Crisis in India
-The Navhind Times THAT climate will remain in a state of flux is a given. The fallout of global warming will be periodic extreme heat and drought, as was experienced by the United States and some other food-exporting countries in 2012, sending food prices close to record levels. At the same time, many countries, including China and India will experience heavy rains and floods from time to time, damaging food production. Even...
More »How the experts sank the UPA -Shekhar Swamy
-The Hindu Business Line A government run by a bevy of economists with no sense of the ground reality made mistakes. Some really big ones As the new government settles down to tackle the myriad problems confronting it, it's worth taking a quick glance at the principal reasons for the spectacular unravelling of the UPA-2 government. A defining characteristic of UPA-2 was that it was led by an economist and supported by prominent...
More »Global food prices down for second straight month in May, UN agency reports
-The United Nations The United Nations Food and Agriculture Organization (FAO) reported today that global food prices were down for the second straight month in May and that the outlook for worldwide cereal supply has improved considerably since last month. FAO's Food Price Index continued its decline from the 10-month high it experienced in March, the agency said in a news release, noting that prices fell as generally ample supplies weighed on...
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