-The Hindustan Times Misunderstandings about the World Trade Organization (WTO) are pervasive. The media coverage of the recent WTO meetings at Bali has added to the confusion. The bone of contention was the government procurement of the food grains in India under the National Food Security Act. The final outcome is a stopgap arrangement that has bought the Indian government some time; most importantly, it does not have to undertake any...
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'Network of retail cooperatives may help tame food inflation' -Siddharta & Surojit Gupta
-The Economic Times NEW DELHI: The government's key policymakers are drawing up plans to tackle the problem of stubborn food prices and may rope in cooperative entities to set up standalone stores to sell vegetables and other food products across the country. The race to tackle the inflation problem, identified as one of the factors for the rout of the Congress in the recent state elections, has gathered momentum in the run-up...
More »Stricter energy norms to push up AC, fridge prices by between Rs 3,500 and Rs 5,500-Writankar Mukherjee
-The Times of India KOLKATA: Prices of air-conditioners and refrigerators will increase by between Rs 3,500 and Rs 5,500 as early as next week due to stricter energy rating norms that will push up production costs. The Bureau of Energy Efficiency (BEE), the statutory energy conservation body under the power ministry, has tightened energy norms for air-conditioners by one level and those for refrigerators by two levels. This means, an existing five-star...
More »Tax soft drinks more, save lakhs from diabetes -GS Mudur
-The Telegraph New Delhi: India could prevent an estimated 400,000 people from becoming patients of diabetes over the next decade if the government imposes a 20 per cent extra tax on sweetened beverages, a new study has suggested. The study by researchers at the Public Health Foundation of India (PHFI), New Delhi, and academic institutions in the US and the UK has also indicated that such a tax on soft drinks might...
More »Why food prices stay up-Mayank Mishra & Sanjeeb Mukherjee
-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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