-The Business Standard Oil minister says Parikh report sound but government has to take realities into account; to proceed with Direct Benefits Transfer in 291 districts from January despite SC order Union petroleum minister M Veerappa Moily said there'd be no raising of the present cap on the number of subsidised cooking gas (LPG) cylinders a household was entitled to in a year. In the wake of severe electoral reverses for the ruling...
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Grain glut -Jyotika Sood
-Down to Earth India faces a surplus of foodgrains. Is exporting a good option? With India's grain mountain set to implode, the government is desperate to push the exports of rice and wheat. However, a global glut and the resulting depression of prices are dimming the prospects of foodgrain exports. According to the Food Corporation of India (FCI), the nodal agency for grain trade in the country, India is sitting on 34 million...
More »Church voice in farm vs green debate-Ananthakrishnan G
-The Telegraph Thiruvananthapuram: The Centre's move to implement an ecology panel's report on conservation of the Western Ghats has provoked a call for a 48-hour civil disobedience agitation by the Catholic Church in Kerala, starting Sunday midnight. The Church claims the K. Kasturirangan report, notified on Wednesday, will hit the livelihoods of farmers living in the "high ranges" - foothill areas bordering the forests - and force them to relocate. Green activists deny...
More »After vegetables, rice to get pricier with floods, drought -Sutanuka Ghosal
-The Economic Times A decline in paddy production in eastern states and Andhra Pradesh has triggered Speculation of a lower rice output this year, stoking a 10-30% spike in prices at a time when high vegetable prices have pushed inflation to a seven-month high. Floods and incessant rains in major rice producing states such as West Bengal, Odisha, Bihar and Andhra Pradesh during the harvesting period have affected the paddy crop. Talking to...
More »Food inflation: How to decode the onion price puzzle-Usha Tuteja
-The Economic Times It is ironical that food inflation surged to around 18% in August when agriculture is the primary hope in the economy. The culprit was mainly vegetables and, within that, onions. Onions are once again in the news due to steep rise in retail prices by almost 25% in a fortnight. Safal outlets in Delhi have set the price at Rs 60 per kg whereas some other retailers are charging...
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