In Greater Noida, farmers resist fiercely attempts to take over their land for the Yamuna expressway and a hi-tech city. IT is a tale of two worlds, one in the present and the other in the future; one living and breathing and toiling away in parts of the National Capital Region and the other beautifully blueprinted and waiting to be willed into reality by the government and its elites in...
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Food Inflation in India to Climb on Labor, Energy Costs, Commission Says by Prabhudatta Mishra and Pratik Parija
Food-price inflation in India, Asia’s third-largest economy, may accelerate in the second half as farmers are paying 20 percent more to grow crops, according to the commission that helps set minimum farm-product prices. “The cost of production is going up very fast,” Ashok Gulati, chairman of the Commission for Agricultural Costs and Prices, said in a telephone interview yesterday. “The labor cost has gone up dramatically in the past one year...
More »Price of delay
-The Business Standard Union finance minister Pranab Mukherjee was being economical with the truth when he said that last Saturday’s petrol price hike decision was entirely that of oil marketing companies (OMCs). True, the government correctly but belatedly deregulated petrol pricing several months ago, but it is clear that despite a sharp increase in global crude oil prices in the past six months, the OMCs restrained themselves from increasing domestic...
More »Do natural disasters deserve more attention than man-made one’s? by Prasanth Menon
While, the threats of a nuclear fall-out, borne out of a tragedy that happened in the Fakushima Nuke Plant in Japan, started a debate about the positives and negatives of nuclear energy. The media completely ignored the protests and the cries that were being carried out (in fact, for the last 10 to 15 years) in Northern Kerala as well as Southern Karnataka to ban the Pesticide Endosulfan. Perhaps, after the...
More »Food rights bill holds key to India farm exports plan
-The Economic Times India's grain bins are overflowing and the forecast for a normal monsoon promises another bumper crop, but political disagreement over a bill to secure food rights for the poor means the country is expected to steer clear of large-scale exports. Shipments from the world's second-biggest producer of wheat, sugar and rice could come as a relief for governments across Asia who are trying to combat food-led inflation,...
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