-The Hindu The government’s claim that it will dampen inflation, bring higher prices for farmers and lower prices for customers may be somewhat exaggerated With the intention of signalling a strong commitment to reforms, the UPA government has announced a hike in the price of diesel and liberalisation of foreign direct investment (FDI) in multi-brand retail, justifying the measures as growth-enhancing and inflation-dampening. They have been termed bold by India’s corporate sector...
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Gutkha banned in Uttar Pradesh -Ashish Tripathi
-The Times of India LUCKNOW: Uttar Pradesh (UP) government on Wednesday decided to ban gutkha, which is paan masala mixed with tobacco, as per the order of the Allahabad high court order and the Food Security Act passed by the parliament. However, The order will come into effect from April 1, 2013. Chief minister Akhilesh Yadav said that six months time has been given to find other source of employment for...
More »‘Perfect storm’ that shook
-The Telegraph The enormity of the real challenge before Manmohan Singh is far higher than that posed by Mamata Banerjee. A “perfect storm” is gathering around the economy, according to a Centre-commissioned report packed with suggestions for a series of tough measures that will affect daily life and test the government’s resolve to wade further into unpalatable waters. The report presented by the Vijay Kelkar panel, which was asked to suggest a road...
More »UN launches new initiative to empower rural women and girls
-The United Nations The United Nations today launched a programme to empower poor rural women through economic integration and food security initiatives. “Accelerating Progress Toward the Economic Empowerment of Rural Women” is a five-year initiative that will focus on improving food and nutrition security, increasing rural women’s incomes, enhancing leadership and participation in rural institutions, and creating a more responsive policy environment at national and international levels. “When women are empowered and can...
More »Agriculture back in focus as growth estimate gets downgraded by banks like Morgan Stanley, Standard Chartered-Gayatri Nayak
-The Economic Times When the country was growing at more than 8 per cent for about a decade, services and manufacturing were the darlings of policy-makers, investors and talking heads. Agriculture, a segment that employs nearly half the hundred crore population of the country, was hardly mentioned even in passing. This year, thanks to a poor monsoon, suddenly the farmers are the centre of India's growth story, or the lack of...
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