The food subsidy bill for 2010-11 could shoot up by nearly Rs 25,000 crore to touch Rs 80,000 crore, putting further pressure on the government’s finances, a food ministry official said on Tuesday. The government has budgeted Rs 55,578 crore for the current fiscal. The sharp increase in the subsidy is because of higher minimum support price ( MSP )) for crops and the government holding food stock that are nearly three times...

There is a suggestion circulating in the corridors of our apex monetary regulatory authority, the Reserve Bank of India, that food inflation is beginning to look more ‘structural’ than ‘seasonal’, and it can only be tackled by addressing the supply side. We need to address both demand and supply sides simultaneously to tackle food inflation. While we must be happy that more and more poor eat fruits and cook vegetables...

Hidden behind all the administrative scandals that rocked India in 2010, illegal mining is an unnoticed beast that has been eating into the country's soul.   While corruption in spectrum allocation and the conduct of the Commonwealth Games are primarily about monetary loot, illegal mining is about invaluable non-renewable natural resources.   In at least five major states, there were more than 20,000 complaints of illegal mining filed, but the perpetrators carried on with...

Slamming the Central government’s stand on the use of toxic pesticide endosulfan as leading to “a grave violation of human rights”, the National Human Rights Commission has called for a nation-wide ban. India should also agree to a global ban, said the Commission, which also recommended higher compensation for victims. In its report submitted on Friday, the NHRC panel accused the government of ignoring the National Institute of Occupational Health’s study...

Krishi Bhavan supports endosulfan companies; Kerala protests THE timing and the message of the conference could not have been more stark. At a time when the endosulfan problem is in the limelight, sparking calls for a nationwide ban on the pesticide, its manufacturers staged a remarkable feat. They held a three-day conference on rural prosperity at Delhi’s Vigyan Bhavan, venue for high-power official meetings, and put across the message that the hazardous...