-The Telegraph Ranchi: Jharkhand High Court today granted three weeks to the state government to resolve the deadlock over land for building campuses in Nagri for three national academic institutions that are presently working out of temporary accommodations in the state capital. A division bench of Chief Justice Prakash Tatia and Justice Jaya Roy, while hearing a petition filed by Bar Association seeking a law university in Jharkhand, allowed the state government...
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Cutting fuel subsidy can cause 2.6% spike in inflation: RBI chief D Subbarao
-The Economic Times Reserve Bank of India Governor D Subbarao has said the proposed elimination of fuel subsidy can lead to a massive 2.6% spike in inflation, an assessment that makes it even more difficult for the government to bite the bullet. While a hike in diesel and cooking gas prices may be long overdue, the government is hard-pressed to contain inflation ahead of crucial assembly polls in Gujarat and Himachal Pradesh...
More »Low monsoon rains in India means less rice for the world in 2012–UN agency
-The United Nations The United Nations Food and Agriculture Organization (FAO) said today that global rice paddy production for 2012 is expected to be lower than originally expected, owing to below-normal monsoon rains in India. The July 2012 issue of the Rice Market Monitor, released by FAO today, says that production is expected to total 724.5 million tonnes – a 7.8 million tonne downward revision compared to the original forecast in April....
More »Switch from farm subsidy to farm investment-Ashok Gulati
-The Economic Times With a weak monsoon, farmers and farm labour, agri-investors and policy makers, everyone is looking up in the sky and praying for more water to pour. Farm analysts are debating whether this will lead to a drop of 16 million tonnes of foodgrain, as it happened in 2009, or 38 million tonnes, as it did in 2002. NCAER is projecting 20 million tonnes drop in grain production in...
More »US politicians must regulate finance to tackle the drought and food-price crisis-Raj Patel
-The Guardian US leaders worked hard to tackle the 1930s drought and Food crisis. Today they are supine, offering the hungry only prayers If you're wondering whether the US drought will create a global Food crisis, the answer's easy. It's yes, because there's a Food crisis already. The latest year for which we have figures is 2010, when 925 million people were declared malnourished. Soon after the number was announced, the World...
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