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Ripple effect of rising fuel prices: Get used to high food prices, RBI can do little to counter them -Avinash Celestine

-The Economic Times Like his predecessor, RBI governor Raghuram Rajan too remains worried about inflation. And despite repeated attempts, the RBI has had mixed success in taming prices. Reserve Bank of India governor Raghuram Rajan has clearly decided to play spoilsport to the markets. By making it clear that he, like his predecessor, remains worried about inflation, he has also effectively signalled that with consumer prices at 9.5%, markets shouldn't expect those...

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Pulling manufacturing out of the rut-Arun Maira

-The Hindu It is the only sector that can create jobs and prevent the economic crisis from deepening In the last two decades, the Indian economy has witnessed a transformational change to emerge as one of the fastest growing economies in the world. Economic reforms unveiled in 1991 have brought about a structural shift enabling the private sector to assume a much larger role in the economy. GDP growth has largely been...

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FCI fully prepared for implementation of Food Law: Thomas

-PTI NEW DELHI: FCI, the nodal agency for procurement and distribution of foodgrains, has sufficient stock to ensure smooth implementation of the landmark food security law, Food Minister K V Thomas said today. After a review of Food Corporation of India, he expressed satisfaction that it has been taking steps to modernise the public distribution system and said that it has sufficient stock to meet the requirement under the new food law,...

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Farmers demand price as per new Land Acquisition Bill

-PTI Farmers in Cheyyur in Tamil Nadu have demanded compensation as per rates fixed in the legislation for their farm lands Kancheepuram (TN): Even before the Land Acquisition Bill receives Presidential Assent and became an act, farmers in Cheyyur in Tamil Nadu have demanded compensation as per rates fixed in the legislation for their farm lands sought to be acquired by a subsidiary of Power Finance Corporation for a power plant. The farmers...

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Crashing the party

-The Indian Express Holding back the RTI amendment is not the best way to address public concerns about party finance. There has been great civil society uproar over the Right to Information (Amendment) Bill, 2013, which aims to extricate political parties from mandatory public disclosures, and nullify the Central Information Commission's recent order. While passing the amendment would have been all too easy, given the broad political consensus, a last-minute turnaround in...

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