Following a hike in the prices of petrol, Diesel, gas, milk prices have also gone up. Between January 2007 and March 2010 the price of milk rose seven times in Delhi. The story is similar elsewhere in the nation too. In the last one year, prices increased from Rs 17 to Rs 22 a litre. In some cities, like Mumbai, the rise has been steeper. Earlier, it was pulses that were burning...
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Will India's rising inflation lead to social unrest? by Paranjoy Guha Thakurta
Earlier this week, India's opposition parties came together in a rare show of unity to take to the streets in cities across the country. They protested against the government's recent decision to raise fuel prices after it scrapped its subsidy of petrol prices in an effort to cut the budget deficit. Supporters of the right-wing Bharatiya Janata Party joined hands with their ideological rivals among the Communists to paralyse normal life in...
More »Union Ministry To Provide Diesel Subsidy To Farmers
The United Progressive Allianace (UPA) government at the Centre has asked the Union Agriculture Ministry to provide Diesel subsidy to farmers along with the Minimum Support Price (MSP). Minister of State for Petroleum Jitin Prasada announcing the new method said, now the government wants to provide compensation to farmers on Diesel along with the MSP. Mr Prasada asked his ministry to consider making a provision for the increased price of Diesel, while...
More »India opposition parties hold strike over petrol prices
Normal life has been disrupted in many parts of India after the country's main opposition parties began a 12-hour strike to protest against the increase in prices of fuel. West Bengal, Kerala and Bihar states along with Mumbai were worst affected. Businesses were shut, schools and colleges closed and public transport thin in the affected states. The government has raised fuel prices - a move that will add nearly one percentage point to...
More »Food security — of APL, BPL & IPL by P Sainath
The official line is simple. Since we cannot afford to feed all the hungry, there must only be as many hungry as we can afford to feed. There was irony in the timing of the petrol price decontrol order. The decision, which also covered major hikes in Diesel and kerosene prices, and affects hundreds of millions of people, came even as Manmohan Singh advised world leaders in Toronto on the need...
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