-Outlook Some moderation in vegetable and fruit prices eased December retail inflation to three-month low of 9.87 per cent, giving the Reserve Bank of India more leeway to manage interest rates. Inflation as measured by the Consumer Price Index (CPI) for November has been revised marginally downwards to 11.16 per cent from preliminary estimate of 11.24 per cent. Vegetable prices on annual basis rose 38.76 per cent in December, a slower pace than...
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Brutalised migrants of western Odisha-Pramathesh Ambasta
-The Hindu The chopping off of the palms of two migrant workers is a wake-up call The gruesome incident of the chopping off of the palms of two migrant labourers of Kalahandi district of western Odisha by the labour contractor mafia in December 2013 should serve as a wake-up call. The incident highlights the ruthless extent to which the mafia can go to meet its ends and brings home the fact that...
More »Cereal offenders -Ila Patnaik
-The Indian Express Food inflation owes largely to agricultural markets being regulated by outdated laws. The RBI governor, Raghuram Rajan, has a difficult task this week. He has to decide whether to keep interest rates constant or raise them - bearing in mind the possible taper of the US Fed's bond buying programme, a decline in industrial production and a rise in inflation. The sharp increase in consumer price-based inflation, to more...
More »Digging up the dirt-Madhav Gadgil
-The Hindu Mining companies have received favourable impact assessments even as they do great damage to the environment because regulators are willing to look the other way Last week, world leaders concerned about economic development got together at the International Monetary Fund, and gave a series of most instructive interviews. Our Finance Minister, P. Chidambaram, said that his problem was the slowing down of India's economic growth and reduction in government revenues....
More »Rubbing salt into their wounds -Soumya Swaminathan
-The Hindu In addition to ailments caused by poverty, salt pan workers across the country suffer from several occupational diseases, including chronic dermatitis, loss of vision and hypothyroidism In Adivasi Colony, a remote hamlet off the road from Vedaranyam to Kodikarai in Tamil Nadu, most of the adults in the 200-odd households work in salt manufacturing. They prepare salt pans manually, irrigate them with saline water which is three times saltier than...
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