-The Economic Times India's consumer prices climbed 10.56 per cent in December from a year earlier. This will hold the RBI's rate-cutting hand and prove politically painful for the government. The increase in the Consumer Price Index (CPI), over three percentage points more than the increase in the Wholesale Price Index (WPI) number, is due to a spurt in prices in the food and beverage category - mainly vegetables, oils and fat,...
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Balancing a diet
-The Business Standard Govt's unbalanced food policy has disastrous results Consider the following discrepancies in the farm sector. The country is now the world’s largest exporter of rice, a crop grown with huge quantities of scarce water and heavily subsidised fertilisers. At the same time, it is the leading importer of pulses, which require very little water to grow and fortify the land with nitrogen to reduce the fertiliser need even...
More »NHRC conference on 'Right to Food' suggests to make National Food Security Bill more comprehensive
-National Human Rights Commission The National Human Rights Commission organized a day-long National Conference on 'Right to Food' in New Delhi today. Addressing it, Mr. Justice K.G. Balakrishnan, Chairperson, NHRC said that the Commission has always been concerned with the issue. Due to it's intervention, there is a lot of improvement now in Kalahandi, Bolangir and Koraput (KBK) Districts of Odisha which reported starvations deaths. The NHRC Chairperson said that there is...
More »Dy Tehsildar on Dhule riot duty finds son ‘shot dead by cops’-Zeeshan Shaikh
-The Indian Express Dhule: For 33 years, Deputy Tehsildar Abdul Halim Ansari worked for the state, never doubting that it was largely fair, just and honest towards all citizens. That perception changed on Sunday, after his 30-year-old son died before his eyes, allegedly gunned down by the orders of the same administration that he has served all his life. Ansari, 58, believes that the police shot his son in cold blood. He...
More »Understanding FDI in Retail: What Can Economic Principles Teach Us? -Abhirup Sarkar
-Economic and Political Weekly The recent debate on the acceptability of foreign direct investment in the retail sector in India has been mostly political. It is necessary to look into the pros and cons of FDI in retail from a purely economic point of view. This article identifi es the safeguards that should be undertaken before allowing giant multinationals to function in the country. Abhirup Sarkar (abhirup@isical.ac.in) is with the Indian Statistical...
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