There is a China hand in India's inflation, one important reason why the steady rise in interest rates may not be cooling the high inflation. About 25% of imported inputs that go into manufacture of goods produced locally are imported from China. In addition, a third of consumer goods imported into India come from China. The inflation in goods exported by China was 10% in July, much higher than its overall...
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Food security: India ranks lower than Rwanda
-The Times of India India's food security situation continues to rank as "alarming" according to the International Food Policy Research Institute'sGlobal Hunger Index, 2011. It ranks 67 of the 81 countries of the world with the worst food security status. This means that there are only 14 countries in the world whose people have a worse nutritional status. The GHI is composed of three equally weighted indicators - the proportion of the...
More »Soni Sori: A portrait of an unlikely "woman Maoist" by Supriya Sharma
PALNAR/SAMELI (DANTEWADA): They sat watching cartoons on TV a day after their mother was arrested in faraway Delhi on charges of acting as a conduit/courier for Maoists. While adivasi school teacher Soni Sori faces police interrogation in Chhattisgarh for her role in an alleged pay off by Essar group to Maoists, her children, Muskaan (12), Deependera (10) and Amrita (6) are at their uncle Ramdev's house in Palnar village for a...
More »Carbon markets essential to save fossil fuels: FICCI by Debasish Roy
Dr. Tishyarakshit Chatterjee, Secretary, Ministry of Environment & Forests (MoEF), recently underlined the need to design carbon markets to address the short-term needs of investors in manufacturing, save fossil fuels for the future and meet the compulsions of environmental probity, sustainability, entrepreneurship and innovation over a long period. Addressing the India Carbon Market Conclave 2011, organized jointly by FICCI and the MoEF, in partnership with The World Bank and the International...
More »Food ministry against wheat exports by Liz Mathew & Ruchira Singh
India’s domestic wheat prices higher than international rates by around $100 per tonne; traders seek subsidy India’s food ministry will oppose a proposal to export wheat as it prefers to distribute the excess to the poor within the country, K.V. Thomas, Union minister of state (independent charge) for consumer affairs, food and public distribution, said on Thursday. “We want the wheat produced by our farmers to be distributed here first,” Thomas said,...
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