A high kharif paddy production 2011-12 coupled with almost zero exports to Bangladesh has pushed down paddy prices in Bengal. Paddy is selling around Rs 850-900 per quintal below the minimum support price of Rs 1,080 per quintal. Bengal, which stands second in rice production, has produced 15% extra this kharif paddy as compared to 2010-11 kharif. A dearth of rice mills in the state is also one of the major...
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Cops terrorise RTI activist by Srinath Vudali
Days after chief minister Kiran Kumar Reddy wished to see every police station in the state work like a corporate office and the complainant received warmly, a Right to Information (RTI) activist on Friday was nearly subjected to the third degree treatment by inspector K Srinivas Rao after he walked into Kukatpally police station, and only timely intervention by higher-ups saved him from being arrested and slapped with false cases....
More »Cabinet meet likely Sunday on Lokpal, food security bills
-The Pioneer The union cabinet is expected to meet here Sunday evening to discuss the Lokpal and the food security bills, said official sources. The cabinet meeting, earlier scheduled for Monday, would now be held Sunday evening, the sources said Saturday evening Prime Minister Manmohan Singh, on his way back from Russia Saturday, said the government hopes to bring the Lokpal bill to the cabinet by Sunday. "We are working day and night...
More »Traders' concern by TK Rajalakshmi
Indian traders reject FDI in multi-brand retail and emphasise the need for a policy to regulate the labour-intensive sector. TRADERS across the country responded angrily to the Union Cabinet's decision to allow 51 per cent foreign direct investment (FDI) in multi-brand retail trade, disproving the arguments of the United Progressive Alliance (UPA) government and the assessment of corporate India, which had tried hard to make it appear that traders and...
More »Experience so far by CP Chandrasekhar
Global experience in retail trading by MNCs does not tally with the presumptions on which the UPA government's FDI policy is based. IN the course of the debate on the need to permit foreign direct investment in retail in India, two arguments have been advanced often. The first argument is that large organised retail is good for not just consumers, who would benefit from lower prices owing to cost efficiencies...
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