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Onion prices: another case of the great Indian paradox-Pramit Bhattacharya

-Live Mint The absence of genuine competition at mandis and numerous transaction charges are distorting onion prices The joke doing the rounds today is that the spike in onion prices has been a great equalizer, bringing parity between the price of a bottle of beer and a kilo of onion. The humble vegetable has also found pride of place as a gift item to customers at a tyre shop in Jamshedpur,...

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UP Govt Admits to Illegal Sand Mining Before NGT

-Outlook The Uttar Pradesh government today reluctantly admitted before the National Green Tribunal (NGT) that illegal sand mining was going on in the state and not even a single environmental clearance granted for it in Gautam Budh Nagar district. "We (UP government) have not caught anyone till now. It's there Lordship. Yes it (illegal sand mining) is going on," the counsel, appearing for Uttar Pradesh government and its Chief Secretary, said. A five-member...

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GET READY FOR HIGHER FOOD PRICES

The declining trend in food price inflation globally may not hold true for inflationary trends faced domestically due to a weakening Indian Rupee vis-a-vis the US Dollar. The recently released FAO Food Price Index (nominal) has shown a declining trend in July for the third consecutive month owing to lower international prices for grains, soy & palm oil, meat, dairy and sugar. (See links below) Based on FAO Food Price...

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Poverty play -Jayati Ghosh

-Frontline Once more, without feeling: the government's latest poverty estimates. YET again the Central government has mired itself in controversy by releasing its latest poverty estimates based on the consumption expenditure survey of the NSSO (National Sample Survey Office) Survey of 2011-12. The Planning Commission's poverty line, using methodology suggested by the Tendulkar Committee in 2010, is now apparently defined as the spending of Rs. 27.20 per capita per day in rural...

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High stakes, mega bucks fuel illegal ‘dig-load-sell’ sand business -Surojit Gupta

-The Times of India NEW DELHI: Humble sand is today big business. The boom in the construction industry in the last decade has triggered a huge demand for sand, to meet which contractors, with the help of pliant state officials, have begun a dig-load-sell exercise at a frantic pace. The story of illegal loot of sand in this high-stake business is repeated in state after state. TOI spoke to several officials, activists,...

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