-PTI NEW DELHI: Onion prices jumped to two and a half year high of Rs 24 per kg due to tight supply and strong Ramzan demand. Wholesale rates at Maharashtra's Lasalgoan, the Asia's biggest wholesale market for onion, soared almost five times higher than levels at the same time last year, stoking fears of retail prices rocketing across the country. Retail prices of onion in Delhi ranged between Rs 30 and 35 per...
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Another bitter pill for patients-Sakthivel Selvaraj
-The Hindu The current market prices are essentially over and above the actual cost of production - a difference that could run from 100 per cent to 5,600 per cent, depending upon various therapeutic categories In a liberalised market economy, do we need price controls on drugs? Policymakers and the pharmaceutical industry do not think so. They believe that price controls are an inefficient tool that distorts resource allocation, squeezes revenue, reduces...
More »Bihar government rolls back cut in MGNREGA minimum wage-Alok Gupta
-Down to Earth The decision to reinstate Rs. 162 minimum daily wage follows protests and litigation The Bihar government has rolled back its decision to curtail minimum wages for Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) beneficiary labourers, even as Karnataka and Andhra Pradesh have approached the court on the same issue. The decision to reinstate a minimum daily wage of Rs 162 was taken at a cabinet meeting, officials said. The...
More »Record production of foodgrains likely in Kharif season: Sharad Pawar
-PTI NEW DELHI: India is likely to achieve record production of foodgrains and other crops in Kharif season of 2013-14 because of good monsoon that has led to the doubling of sowing area, Agriculture Minister Sharad Pawar said today. "All kharif crops put together, acreage has reached 401.69 lakh hectares as on July 5, as against 215.6 lakh hectares in the same period last year. This is a very very good picture....
More »Cheap rice won't make people lazy, CM Siddaramaiah says -Naheed Ataulla
-The Times of India BANGALORE: Rice is all set to change Karnataka politically. The Congress's rice-atone-rupee scheme will come alive at 10am on Wednesday when chief minister Siddaramaiah symbolically offers the foodgrain to the people. The scheme, christened Anna Bhagya, will offer 30 kilos of rice at Re 1 a kilo to 8.7 million BPL (below poverty line) families in the state. The first big public splash after the Congress's return to...
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