-The Times of India NEW DELHI: Amid protests over a sharp hike in fares and criticism of political parties, the government on Saturday strongly defended the increase in passenger fares, including for short-distance travel, arguing the revision was long overdue as the last hike took place around 11 years ago and a heavy subsidy burden was "unsustainable" in the wake of soaring costs. While passengers travelling by sub-urban and short-haul trains account...
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New crop insurance policy in the offing
-PTI Patna: Union Agriculture Minister Radha Mohan Singh on Saturday said the central government was working on a new crop insurance scheme to help farmers tackle flood, drought and plant diseases in a better manner. He said it will be launched soon across the country, as the existing scheme has not proved to be beneficial to the farmers. Details will be unveiled during the Budget session of the Parliament, he added. Singh also...
More »Little respite
-The Business Standard Unlike consumer prices, wholesale inflation provides little comfort If the consumer price index (CPI) numbers for May, released last week, provided some comfort about softening inflation, the wholesale price index (WPI) numbers for the same month, released on Monday, did just the opposite. Headline inflation went up from 5.2 per cent year on year in April to six per cent in May, the highest, by a whisker, since December....
More »Long-term deals with cement companies for concrete roads on cards -Dipak Kumar Dash
-The Times of India NEW DELHI: The highways ministry is looking at entering into long-term contracts with cement majors across the country to purchase the construction material at a lower cost and shift to concrete roads, which are seen to be more durable although they cost more than those made using bitumen. Road transport and highways minister Nitin Gadkari - who had announced his support for concrete the day he took...
More »Agriculture And Not The Stock Market Is The Reality Of India -Roshan Kishore
-The Citizen.in This piece is a rejoinder to an article by D K Joshi, which appeared in ‘The Indian Express' on June 4, 2014. The main arguments made by the author are neither new nor unique. Many neoliberal economists, including some occupying crucial policy-making positions have been making arguments which propose dilution of Minimum Support Price (MSP) policies to take care of excess food stocks with the government and also control...
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