Dalit entrepreneurs will make a historic journey to Delhi next week for a pre-budget meeting with Planning Commission deputy chairman Montek Singh Ahluwalia. This is the first time that business leaders from the country's most marginalized communities will be included in the government's budget consultation process. The meeting is scheduled for Monday afternoon with 40 entrepreneurs from different parts of the country expected to attend. It marks the emergence of a...

If the price rise is due to production shortfall, how does one explain the near doubling of the price within a few days? The sharply rising onion prices have raised the suspicion that speculators are manipulating a shortage situation. First, a few facts. In retail markets, onion prices have soared from Rs 10-11 per kg in June to as high as Rs 70-80 on Dec 21. Even more significantly, prices zoomed by...

In more ways than one the calendar year 2010 would go down the memory lane as a watershed year for the food and agriculture front in the country which recorded unprecedented growth rate of 4.4 per cent in July-September quarter but by December unprecedented price hike of essential food items especially left consumers in tears.   As the year comes to an end, an embattled government and the Union agriculture ministry stood...

Stung by the skyrocketing retail prices of onion in the country, the Centre on Thursday announced abolition of import duties and banned its exports for an indefinite period. Cabinet Secretary K.M. Chandrasekhar, who is personally monitoring the situation, asked the State governments to take strong action against hoarders. He asked the Commerce Ministry to import onions to cool down prices. The government directed its three trading companies — STC, PEC and MMTC...

Prime Minister Manmohan Singh on Tuesday released Rs.400 crore for the Andhra Pradesh government as advance from the National Calamity Contingency Fund to take up immediate relief and rehabilitation measures in the State that were affected by unprecedented rains and cyclonic storms in the last few months. Dr. Singh told a delegation of over 20 Congress MPs that the Centre would take speedy action on the reports of the Central team...