The proposed regulations aim to create a new countrywide infrastructure for trading of commodity-based securities in the form of electronic receipts as with equity shares on exchanges A committee under the Warehousing Development and Regulatory Authority (WDRA) has recommended regulatory changes that can effectively control prices of food items, improve lives of farmers and change the warehousing landscape in India. The proposed regulations, drafted in consultation with the capital market regulator, the...

-The Business Standard   Much depends on a strong implementation framework but the imposition of a cap by the Planning Commission could lead to arbitrary exclusions. Himanshu Assistant Professor of Economics, School of Social Sciences, Jawaharlal Nehru University The methodology, which is based on the framework suggested by the Saxena Committee, uses indicators that have been refined using a large-scale pilot survey There are over 400 million poor (the number varies depending on which estimate you...

-PTI   Select food items, fuel and clothing grew more expensive in July, leading to a 1.47 per cent rise in the Consumer Price Index (CPI) vis-a-vis the month of June to 110.4 points. The CPI, based on retail prices, stood at 108.8 points in June, as per data released by the government on Thursday. At the all-India level, the CPI for 'food, beverages and tobacco' went up by 1.57 per cent to 110.3...

Why we are doing this story     * Tribal lands are under pressure across India. In Orissa, they have been holding out against big corporates like Vedanta and Posco. *** From afar, the fumes rising from factory chimneys in Gujarat’s industrial belt make them seem like skyscrapers on fire. It’s a grey rust-and-chemicals stretch that they call, without irony, the Golden Corridor. It extends all the way from the north of Ahmedabad, through...

While diversion rates still remain high, evidence seems to point to substantial improvements in the public distribution system around the country. It is well understood that a substantial proportion of the grain, mainly wheat and rice, that is meant to be distributed to eligible families under the Public Distribution System (PDS) ends up being sold in the open market by corrupt intermediaries, including some dealers who manage PDS outlets. The extent...