Food inflation may increase further in the coming weeks, but there is no cause for alarm as the rise is more the result of the low-base effect, Deputy Chairman of Planning Commission Montek Singh Ahulwalia said on Wednesday. As of May 29, food inflation stood at 16.74 per cent. “It is quite possible that when the data comes out on Thursday, you may see a little increase in food inflation. That...
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Almost 30% of food industry unaware of safety standards: Ficci
India, food safety and standards are neglected topic despite being directly related to pubLIC health. According to a survey conducted by Ficci, almost 30% of the respondents, bulk of whom were from the food processing industry, were unaware that Food Safety and Standards Act (FSSA) is mandatory to implement. The respondents were not even aware about the existence of such an Act. “This means that more capacity building and in-depth...
More »People-friendly growth by BG Verghese
The Supreme Court on May 7 ruled that natural resources were national assets that belonged to the people and were ideally exploited by pubLIC sector undertakings. This obviously implies that local communities, including tribals, living on mineralised land, enjoy entitlements but not prescriptive ownership rights to such national assets. This is an important reiterative clarification defining mineral rights in Fifth Schedule areas that are currently in contention. Whether PSUs should...
More »India Steadily Increases Its Lead in Road Fatalities by Heather Timmons and Hari Kumar
India lives in its villages, Gandhi said. But increasingly, the people of India are dying on its roads. India overtook China to top the world in road fatalities in 2006 and has continued to pull steadily ahead, despite a heavily agrarian population, fewer people than China and far fewer cars than many Western countries. While road deaths in many other big emerging markets have declined or stabilized in recent years,...
More »Liquor lobby bets on NREGS to fuel rural thirst by Jinka Nagaraju
The National Rural Employment Guarantee Scheme (NREGS) has had an unintended side effect: a record rise in the consumption of Indian Made Foreign Liquor (IMFL) among poor rural families, all thanks to the unprecedented sums of money that the scheme placed in their hands. And the politico-realtor lobby’s record bids for the two-year liquor LICences across AP on Monday appears to be in the hope of reaping a bumper harvest...
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