-The Times of India NEW DELHI: The Delhi government is cracking down on hoarding, diversion and black-marketing of food grains. As many as 209 fair price shops (FPS) were inspected over three days, 15 of which were sealed. Criminal cases have been registered against some transporters and FPS owners involved in diversion of food grains. Raids were held from May 24 to May 26, food commissioner S S Yadav said. Teams tracked...
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UPA-2’s costly mistake: failure to curb rising prices-Asit Ranjan Mishra
-Live Mint A key reason for the surge in anti-incumbency faced by UPA has been its failure to curb inflationary pressures New Delhi: A key reason for the surge in anti-incumbency faced by the Congress-led United Progressive Alliance (UPA) has been its failure to curb inflationary pressures for most of the regime's second tenure. While inflation based on wholesale prices averaged 6.1% during UPA-1 (2004-2009), it was a percentage point higher at 7.1%...
More »Sharp rise in FAO Food Price Index
-FAO Rome: The FAO Food Price Index rose sharply in March, up 4.8 points, or 2.3 percent, to an average of 212.8, the highest level since May 2013. "The Index was influenced, as expected, by unfavourable weather conditions in the US and Brazil and geopolitical tensions in the Black Sea region," said Abdolreza Abbassian, FAO Senior Economist. These and other influences are reviewed in greater detail in the AMIS Market Monitor report, the...
More »LPG distributors say scam in the making
-The Hindu New Delhi: Alleging that oil companies are a "law unto themselves" and that a "big scam" was in the making at the cost of countless consumers, the Federation of LPG distributors of India on Saturday decided to take to the streets with some members and threatened to go on a hunger strike until their demands were met. "The Marketing Discipline Guidelines are being used by the oil companies to arm-twist...
More »No Aadhar, no LPG subsidy-Jyotika Sood
-Down to Earth Gas cylinder subsidy will be transferred only to those consumers who get their Aadhar number linked to LPG consumer number, insists petroleum ministry in spite of Supreme Court order to the contrary In blatant violation of Supreme Court orders, the Union petroleum ministry continues with its stand on linking Aadhar numbers with LPG cylinder subsidy. The ministry and the three oil companies that supply gas cylinders to consumers have...
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