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The oil & rupee problem -Kirit Parikh

-The Indian Express A balanced approach can reduce petrol price without affecting revenues. RBI mustn’t artificially shore up rupee The Brent crude oil price has changed from around $68/barrel in January to $70/barrel on November 9, touching a high of $86 on October 3. The rupee has also fallen from Rs 63.30 per US$ in January to Rs 70 on November 9. These fluctuations have created major policy problems for the...

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Farm Distress Stands In The Way Of A Fourth Term For The BJP In Chhattisgarh -Shreehari Paliath

-IndiaSpend.com Baloda Bazar, Kabirdham (Kawardha), Rajnandgaon, Mahasamund, Kanker (Chhattisgarh): “I’ll ask them to give me a job first and then think about giving my vote,” said 28-year-old Kekti Verma, holding back her tears. “I have three girls, the eldest one is 10 and youngest four. I haven’t got any help till date from the government.” Kekti is the widow of Dhal Singh Verma, a two-acre paddy farmer in Sararidih in Baloda...

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MSP sustains the illusion that farmers rule in this country -Yogendra Yadav

-Livemint.com A partial hike in the MSP on paper was packaged by the govt as three fresh and historic steps for farmers’ welfare Minimum support price (MSP) is a fiction. It is a feel-good fiction. The farmers are free to sell their crop for as much as they wish, but should the prices fall below a minimum level, the government is there to help them. MSP is a sovereign guarantee that the state...

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Drought seen impacting kharif pulses -Rutam Vora

-The Hindu Business Line Bengaluru/ Ahmedabad: After languishing for almost two years, the prices of pulses such as tur/arhar and urad have rebounded over the past few weeks as production has been impacted by scanty rains in the key growing regions of Maharashtra, Karnataka, Andhra Pradesh and Gujarat. Over the past two-three weeks, the prices of tur, moong, gram and urad have risen by 10-20 per cent in various markets such...

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Govt seeks Rs 100cr funding for polio vaccine cost hike (after spending Rs 3000cr on showpiece statue) -GS Mudur

-The Telegraph Public health experts said the situation reflected India’s poor budget allocation for health programmes An impending price rise that is likely to raise India’s budget for a key vaccine by less than Rs 100 crore has prompted the government to seek an international donor’s help at a time it has built a showpiece statue for an estimated Rs 3,000 crore. Public health experts said the situation reflected India’s poor budget allocation...

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