Packaged sugar now costs Rs 46 a kilogram in the retail market and there are no signs of prices levelling off. With loose sugar also costing Rs 43-44 a kg, the poly-packed product is inexorably moving towards the Rs 50 a kg mark, with the government appearing helpless in containing the spiralling prices. The steady rise in sugar prices since the second half of last year is a consequence of...
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Road to development
The demand for a separate state of Telangana has brought into focus the economic performance of small states. Data brought out by the Central Statistical Organisation do show that most of the reorganised states tend to grow faster post-reorganisation and smaller states such as Uttarakhand, Jharkhand and Chhattisgarh have grown faster after achieving state-hood than before, and at a rate higher than the average for the country. Moreover, we find...
More »The unsettled debate on Indian poverty by R Ramakumar
The Tendulkar Committee has pitched for a policy position that is stranded between the harsh realities of poverty and a fiscally conservative neo-liberal framework. The debate on the extent of poverty in India has been a matter of global interest in the recent years. The primary reason for the global interest in the debate is that the levels of poverty in India and China have come to exert significant influence...
More »Sale of rural food items at farmers’ market soon
DINDIGUL: People visiting the farmers market at NGO Colony near here will soon get an opportunity to buy traditional rural food items and homemade products besides vegetables. It would become a single point shopping centre for consumers, said Collector M. Vallalar. He was presiding over a function that marked the concluding day of 10th anniversary of the farmers’ market at NGO Colony here on Wednesday. Selling all items including groceries, masala items...
More »Economy will recover by Arjun Sengupta
The Indian economy should recover from the recession caused by the global meltdown. India’s exposure to the world economy is quite limited. It is mainly through the exports market and partly through foreign investment flows either as equity or debt capital that financed private investment. The extent of the dependence, however, is quite low. The recession in the exports market affects only few sectors, such as textile and labour-intensive manufactures...
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