-Tehelka Policy flaw lets private players jack up prices and siphon off massive government subsidies. TO DROUGHTS and abject poverty, farmers can add another crisis: sky-rocketing fertiliser prices. The issue has prompted eight chief ministers of large states to seek the intervention of the Ministry of Chemicals and Fertilisers (MoCF) in the matter. Consider, for example, di-ammonium phosphate (DAP) and muriate of potash (MoP), two fertilisers that used to have massive demand...
More »SEARCH RESULT
Help Wanted by Minu Ittyipe
Labour-starved Kerala looks to the east It’s Their Gulf There’s an influx of labour into Kerala from Orissa, Assam, Jharkhand and Bengal Migrants work in building and road construction, Plywood industry, brick kilns and in hotels Skilled workers can earn Rs 500-700 a day Researchers estimate there are 10 lakh outsiders working in Kerala. No official figures exist. *** On Sundays, the Gandhi Bazaar in Perumbavoor, a small town in Kerala near...
More »Breaking and Building
-ToI The government patched together an intricate—and flawed—fertiliser system over the last 40 years. It now wants to dismantle that monster. The challenge before it is to preserve its pro-agriculture and pro-poor objective, while correcting the flaws that crept in, reports M Rajshekhar If it all goes to plan, buying or selling fertiliser will never be the same for the 120-odd companies that make up this Rs 1,00,000 crore industry or...
More »Inflation in double digits, rate hike looks imminent
Driven by spiralling prices of essential items, inflation surged into double digits at 10.16 per cent in May, the highest in the last 19 months, adding to the woes of the common man. Soaring inflation, according to analysts, may prompt the Reserve Bank to tighten liquidity at its quarterly monetary policy review scheduled next month. The essential items which have become expensive, directly hitting the pocket of the common man, include pulses,...
More »