-The Times of India The government on Thursday approved a steep hike on diesel price in a politically risky move to rein in the fiscal deficit. The cabinet committee on political affairs approved the hike in a meeting at the Prime Minister's residence. The price of diesel is hiked by Rs 5. However, the price of PDS kerosene and petrol were left unchanged. The panel also restricted the number of subsidized LPG...
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Congress not in favour of a petrol price hike soon: Sources
-NDTV The Congress is not in favour of a petrol price hike anytime soon, sources have told NDTV. The party's core group met this evening and discussed the issue, sources said. Oil Minister Jaipal Reddy, who is not a part of the core group, was also present at the meeting. Just a few hours, before the meet, Mr Reddy had said the "painful duty" of a hike in fuel prices cannot be...
More »Government mulls setting minimum quantities for export of agri-commodities
-PTI To overcome inconsistencies in farm export-import policy, Food Minister K V Thomas today said the government is considering allowing a minimum level of quantity for export of select agri-commodities to help India become a stable player in the global market. "We are working on a mechanism to have a stable export-import policy on select agricultural commodities such as sugar, wheat and rice," Thomas said at the Kingsman 4th Indian Sugar Conference...
More »Unless we put an end to baseless fear of GM crops, we will not be able to feed our growing population-P Chengal Reddy
-The Times of India The parliamentary committee report on genetically modified (GM) organisms is an attempt to give a quiet burial to biotechnology in India. On behalf of the farmers of India, let me say that this report totally fails to reflect farmers' aspirations, and distorts the scientific significance of biotechnology - including genetic engineering - for the national economy. Instead, it echoes persistent canards by some environmental NGOs. Indian farming suffers...
More »Repeating a mistake
-The Business Standard Govt controls will raise prices of pulses and oilseeds The food and consumer affairs ministry has proposed that stockholding limits on pulses and edible oils be retained for another year beyond October. In addition, it wants these curbs extended to rice, too. This is misguided, and will cause more problems than it wants to resolve. Instead of controlling prices, as is intended, these restrictions on trade will instead...
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