-The Hindustan Times The skyrocketing prices of onions, a key ingredient used in making dishes ranging from curries to biryanis, reflects India’s inability to insulate staples from weather-induced supply disturbances. On Thursday onions traded at Rs 4,900 a quintal (or Rs 49 a kg) at Lasalgaon in Maharashtra, India’s largest wholesale market for the crop. Inadequate supplies have pushed up prices sharply over the last few weeks. Already, retail onion prices have...
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DBTL enrolment finally stops with 128.7 million beneficiaries -Sudheer Pal Singh
-Business Standard Plugs Rs 5,060 crore of LPG subsidy parked with 21 million, largely fake customers The enrolment of beneficiaries under the ambitious modified Direct Benefits Transfer for LPG (DBTL) scheme has finally stopped at 128.7 million people, oil ministry, data show. This translates into annual subsidy savings for the government to the tune of Rs 5,060 crore at the current prices that was linked to the rest 21.3 million customers. These include...
More »Record sugar output, but Maharashtra farmers bitter as prices crash -Priyanka Kakodkar
-The Times of India MUMBAI: It's known as the land of politically powerful sugar barons and has long been the leading producer of sugarcane in the country. But this year, Maharashtra has turned out the highest sugar output ever in its 55-year history. By May, it's expecting an output of a record 103 lakh tons—34% more than in 2014. But the glut is not good news. Sugar prices have crashed by Rs...
More »Lack of Clarity and Vision in New Mines and Minerals Act -EAS Sarma
-Economic and Political Weekly Much has been claimed on behalf of the Mines and Minerals (Development and Regulation) Amendment Act that has been enacted by Parliament, but the legislation has introduced a watered-down version of auctions, has many exceptions to legalise the old first-cum-firstserve approach, and ignores previous Supreme Court rulings on measures to ensure sustainable development. E A S Sarma (eassarma@gmail.com) is a former Union Power Secretary. With a brute majority in...
More »Budget in search of hope -Ashok Sekhar Ganguly
-The Telegraph The 2015-16 budget was presented to the Lok Sabha by the finance minister on February 28, 2015. The first half of the 2015 budget session of both Houses of Parliament has just ended. The highlight was the passing of a number of bills and the budget debate. The debate on the budget in the Rajya Sabha was a long one, lasting over 10 hours. Several speakers participated, drawn from...
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