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Spurt in vegetable prices next month may be spoiler for inflation, warns RBI

-PTI Mumbai: Seasonal spurt in vegetable prices next month could partly reverse the benefits of low global oil prices reducing inflation and increasing disposable incomes, the Reserve Bank of India (RBI) warned on Tuesday. "The sharp reduction in oil prices as well as in inflation is likely to increase personal disposable incomes and improve domestic demand conditions in the year ahead," the central bank said in its monetary policy document. Inflation, excluding food...

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SC seeks Centre's response on PIL challenging Aadhaar project

-Business Standard Petition claims private parties outsourced to collect citizens' data can misuse massive personal information in their hands The Supreme Court asked the Centre on Monday to state within two weeks its stand on the unique identification (UID) project, Aadhaar. A Bench headed by Chief Justice H L Dattu was hearing a new public interest litigation (PIL) challenging the project. According to the petition moved by Mathew Thomas, private parties who have...

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Private sector, ‘care economy’ will be key engines of job creation for next 5 years –UN report

-The United Nations Private sector services, such as business and administrative services, and real estate, as well as related industries, will employ more than a third of the global workforce over the next five years, according to new data released by the United Nations labour agency. "Service sector employment will remain the most dynamic with respect to job creation in the next five years," said Raymond Torres, a head researcher of...

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An uncertain Hobbesian life -Feroze Varun Gandhi

-The Hindu India's small farmers have been struggling for centuries now and they need social and governmental action to change their future Of India's 121 million agricultural holdings, 99 million are with small and marginal farmers, with a land share of just 44 per cent and a farmer population share of 87 per cent. With multiple cropping prevalent, such farmers account for 70 per cent of all vegetables and 52 per cent...

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Improving Healthcare Services at Reduced Prices -Meeta Rajivlochan

-Economic and Political Weekly The key to improving the quality of healthcare services in India and reducing costs at the same time can be found by enacting legislation which lays down minimum standards of patient care. In the absence of such standards and the reluctance of health insurance companies to standardise either price or quality, healthcare services continue to be expensive and of doubtful quality. Developing standards of patient care by...

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