-The Business Standard The Agricultural Produce Marketing Committee law allows mandis to remain in the grip of a middlemen cartel, with clear links to politicians who run the governments Congress Vice-President Rahul Gandhi has, in effect, told chief ministers of party-ruled states that if food inflation is to be controlled, as many items as possible must be got out of the purview of the Agricultural Produce Marketing Committee (APMC) Act. For the time...
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West Bengal transport minister calls cycle ban in Kolkata illegal -Sayantan Bera
-Down to Earth State government yet to revoke ban on non-motorised transport despite repeated protests, calls from civil society and advisory from Union Ministry of Urban Development "I have been fined three times this month while delivering milk," says an angry Omkar Mandal. For over two decades now, Mandal has been cycling about 10 km every day to pick up and deliver milk. "Each time I have to pay Rs 120. How...
More »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-The Indian Express Food inflation owes largely to agricultural markets being regulated by outdated laws.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...
More »Punjab unlikely to achieve paddy purchase target
-PTI CHANDIGARH: Punjab is unlikely to achieve paddy procurement target of 130 lakh tonnes (LT) for the central pool during the current kharif marketing season in the wake of dip in yield at certain places because of inclement weather conditions. However, crop purchase target of 36 LT in Haryana is expected to be achieved, officials said here today. "Against the target of 130 LT, paddy procurement is likely to be around 125 LT...
More »Pakistan to Seek Thailand, Vietnam Support Against India’s Food Security Law at WTO
-Oryza.com Pakistan will not allow India to get an approval of World Trade Organization (WTO) members for its Food Security Law which the Pakistan government claims is market distorting. According to local sources, the Pakistan government is seeking support of other rice exporters, Thailand and Vietnam, to prevent India from getting a legal subsidy on rice exports in the next WTO meeting to be held in December 2013. According to local sources,...
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