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Wholesale food inflation at 17-month high

-Business Standard Deflation in manufacturing continues, food inflation picks up Wholesale price index (WPI)-based deflation persisted for a 14th straight month in December, the index dropping 0.7 per cent as compared to one of almost two per cent in November. However, food inflation rose to 8.17 per cent, the steepest in 17 months, from 5.2 per cent. This was on more expensive vegetable and non-vegetarian items, prompting economists to say the Reserve Bank...

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World Bank opposes Facebook’s Free Basics -Yashwant Raj

-Hindustan Times Washington: Mark Zuckerberg’s Free Basics, the free but restrictive internet service that has run into trouble with Indian authorities, has picked up yet another opponent, the World Bank. Its World Development Report released Wednesday called Free Basics, which is a part of Facebook’s internet.org initiative, the “antithesis of net neutrality and a distortion of markets”. The bank is not opposing Free Basics specifically, or its Indian rollout. It believes any attempt...

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Tribal affairs ministry gives in to pressure, ‘okays’ Village Forest Rules -Shruti Agarwal

-Down to Earth These rules, if implemented, will lead to dilution of the Forest Rights Act The campaign for rights under the Forest Rights Act (FRA), 2006, received yet another setback in November 2015, according to government orders which recently became available in the public domain. The Ministry of Tribal Affairs (MoTA), the nodal agency for the implementation of the Act, issued a memorandum endorsing the Village Forest Rules (VFR) notified...

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5 changes that may bring agriculture back on track in 2016 -PK Joshi and Avinash Kishore

-The Financial Express Turning agriculture around should be the top priority of government in the new year. India became the world’s fastest-growing economy in 2015. Indian agriculture, however, fared much worse. Agriculture grew only by 0.2% in FY15. Two consecutive years of drought, unseasonal rains in rabi season and falling food prices in global markets have driven farmers to desperation. Turning agriculture around should be the top priority of government in the...

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Civil society urges more resources for social sector

Representatives of around 20 civil society organizations and NGOs met the Finance Minister Shri Arun Jaitley as part of pre-budget consultation on social sector on 12 January, 2016. Immediately after the pre-budget consultation, a press conference was held by some of these organizations to convey the media persons what demands/ suggestions were made. &NBSp; Subrat Das, Executive Director of Centre for Budget and Governance Accountability (CBGA, http://www.cbgaindia.org/) informed us that during...

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