-PTI Inching closer to the crucial double-digit mark, Food Inflation rose to 9.80% for the week ended August 13 on the back of dearer onions, potatoes, fruits and protein-based items. Food Inflation, as measured by Whole Price Index (WPI), stood at 9.03% in the previous week. The rate of price rise of food items in the corresponding week of August, 2010, was 14.56%. As per data released by the government today, the price...
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Food Inflation rises 9.03%
-Reuters India’s food price index rose 9.03% and the fuel price index climbed 13.13% for the week ended 6 August, government data on Thursday showed. Finance minister Pranab Mukherjee termed the over 9% rate of Food Inflation as “not acceptable”, but expressed hope that government policies and a good monsoon will help ease prices. “Food Inflation at the level of 9% is not acceptable. I do hope the measures taken to remove supply...
More »Warehouse norms may lessen Food Inflation by Anirudh Laskar & PR Sanjai
The proposed regulations aim to create a new countrywide infrastructure for trading of commodity-based securities in the form of electronic receipts as with equity shares on exchanges A committee under the Warehousing Development and Regulatory Authority (WDRA) has recommended regulatory changes that can effectively control prices of food items, improve lives of farmers and change the warehousing landscape in India. The proposed regulations, drafted in consultation with the capital market regulator, the...
More »Prof. Yogendra Yadav, Senior Fellow at the CSDS interviewed by Revati Laul
You said that the Centre for the Study of Developing Societies conducted a survey asking people what they felt about street protest. What did you find? One of the first national representative surveys was the National Election Study held in 1971. This is when a protest culture was beginning to take shape in the country. There was the Naxalite movement and also a time when the Congress was dislodged for the...
More »Rural Development Minister Jairam Ramesh opposes idea of suspending MGNREGA
-The Economic Times Concern over protecting the 'holy cow' status to the job guarantee programme, MGNREGA, appears to be overshadowing genuine worries in the government over increasing shortage of unskilled farm labour. Shooting down a suggestion from Agriculture Minister Sharad Pawar that the programme may be suspended during the peak farming season, Rural Development Minister Jairam Ramesh has said that there should not be any dilution in the programme. In an...
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