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CoS meeting to wipe onion tears -Gargi Parsai

-The Hindu The panel is planning to crack down on hoarders and enhance the availability of onions Priced between Rs. 60 and Rs. 80 per kilogram in several parts of the country, onions are bringing tears to housewives. Concerned at the problem, the Committee of Secretaries is meeting here on Wednesday to take steps - including a crack down on hoarders - to ease the situation. Onion produce in Andhra Pradesh and Karnataka...

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Amma canteens and Amartya Sen-Raghuvir Srinivasan

-The Hindu blog The state that pioneered the successful noon-meal scheme may just have cooked up the next big idea. In his latest book, 'An Uncertain Glory - India and its contradictions', economist-philosopher and Nobel laureate Amartya Sen has devoted almost ten pages to sing Tamil Nadu's praise for its efficient delivery of public services. "Tamil Nadu's capacity for innovation and creative thinking in matters of public administration is an important example for...

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July inflation accelerates to 5.79%: Government

-PTI NEW DELHI: Rising prices of onions and other vegetables pushed inflation to a five-month high of 5.79 per cent in July even as the government and RBI battled to stabilise the rupee. Inflation based on the Wholesale Price Index (WPI) was at 4.86 per cent in June. In July 2012, it was 7.52 per cent. The July number is above the Reserve Bank's comfort level of 4-5 per cent inflation. This is...

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GET READY FOR HIGHER Food Prices

The declining trend in food price inflation globally may not hold true for inflationary trends faced domestically due to a weakening Indian Rupee vis-a-vis the US Dollar. The recently released FAO Food Price Index (nominal) has shown a declining trend in July for the third consecutive month owing to lower international prices for grains, soy & palm oil, meat, dairy and sugar. (See links below) Based on FAO Food Price...

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Wholesale price inflation likely edged up to 5 per cent in July

-Reuters BANGALORE: Inflation likely picked up slightly in July as its falling currency pushed up the price of imports, making raw materials more costly, and on rising Food Prices, a Reuters poll showed. Wholesale prices, India's key inflation measure, rose an annual 5 percent last month, the poll of 30 economists showed, hitting the ceiling of the Reserve Bank of India's commonly perceived comfort level. That was up slightly up from June's 4.89...

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