-The Economic Times Food inflation climbed into double digits after a fivemonth gap, prompting finance minister Pranab Mukherjee to term the trend "disturbing". The wholesale index for food articles rose 10.1% for the week to August 18 from a year earlier on account of a sharp increase in prices of vegetables and cereals, data released on Thursday showed. The index was at 9.8% in the previous week. "This is really disturbing,"...
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Direct disbursement of food subsidy in cash under examination
-PTI The centre is examining the proposed scheme for direct disbursement of food subsidies in cash, instead of foodgrains under the Targeted Public Distribution System (TPDS), as demanded by some states. The final contours of the scheme will be worked out in consultation with concerned agencies like the ministry of finance (department of expenditure) and planning commission, food and consumer affairs minister K. V. Thomas has said. The governments of Uttar Pradesh, Haryana...
More »6 more farmers commit suicide in Vidarbha in last 48 hours by Pradip Kumar Maitra
At a time when the Anna-tide has swept the people across the country against the anti-corruption campaign, sadly, the agrarian crisis continues to take a heavy toll on farmers in Vidarbha. Unable to put up with crop failure, crippling debts and not getting remunerative price for their produce, six more distressed cotton-growers have committed suicide in Vidarbha over the last 48 hours. Reports reaching Nagpur on Thursday said six cotton growers...
More »Eighth time lucky for Lokpal Bill? by Mohua Chatterjee
The Lokpal Bill was introduced in Parliament for the eighth time in the 15th Lok Sabha as Leader of Opposition Sushma Swaraj mentioned on Saturday. But surprisingly, each time the Lokpal Bill was introduced, events took such a turn that the legislation remained elusive. Will the Bill be through after the hype it got following Anna Hazare's movement? Here's a lowdown of what happened each time the Bill was introduced through the...
More »Food inflation rises to 9.80% for week ended August 13
-PTI Inching closer to the crucial double-digit mark, food inflation rose to 9.80% for the week ended August 13 on the back of dearer onions, potatoes, fruits and protein-based items. Food inflation, as measured by Whole Price Index (WPI), stood at 9.03% in the previous week. The rate of price rise of food items in the corresponding week of August, 2010, was 14.56%. As per data released by the government today, the price...
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