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Back to cereals

-The Business Standard The only way to fix food inflation Both the inflation figures for November and current market reports indicate that the contours of food inflation have changed tangibly of late. While the prices of pulses, edible oils and sugar have tended to either moderate or decline, those of staple cereals, notably rice and wheat, and of perishable items, chiefly vegetables and fruits, continue to propel food inflation higher. The blame...

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Cereal offenders -Ila Patnaik

-The Indian Express Food inflation owes largely to agricultural markets being regulated by outdated laws. The RBI governor, Raghuram Rajan, has a difficult task this week. He has to decide whether to keep interest rates constant or raise them - bearing in mind the possible taper of the US Fed's bond buying programme, a decline in industrial production and a rise in inflation. The sharp increase in consumer price-based inflation, to more...

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India’s fiction of victory at Bali - Biraj Patnaik

-Live Mint By giving in to pressure from the US and EU, India has landed itself and the developing world in a bad trade deal The stenographic cacophony in the Indian media had a singular triumphalist message from the ninth World Trade Organization (WTO) ministerial meet in Bali: India had secured a major victory by safeguarding its food security programme and stood its ground against the US and the European Union...

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India has highest inflation rate in Asia

-The Times of India NEW DELHI: The Indian economy, Asia's third-largest, faces a difficult situation where growth has slowed to a decade low but price pressures have remained stubborn. It has one of the highest inflation rates in the world, and the highest in Asia. Weak growth and high inflation also complicated the policy choice for the central bank. Separate data released by the Central Statistics Office showed industrial output slumped 1.8%...

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Even before swearing-in, government pushing forward with continuing halted flagship scheme -Adam Halliday

-The Indian Express Aizawl: With the Congress set to form a government for the second consecutive term, the Mizoram government is wasting no time in continuing it's flagship beneficiary scheme beginning with a high-level meeting on Friday to decide on land-use conversion and teams scheduled to visit sites earmarked for infrastructure projects. The NLUP implementing board is scheduled to have a meeting headed by Chief Secretary on Friday, a day before state...

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