-The Times of India   Ahead of elections in Punjab and Uttar Pradesh, the government on Tuesday announced an increase of up to 39% in the support price for farm goods in what is being billed as a Diwali gift for farmers. But the move has raised fears of a further spike in food Inflation, which crossed the 10% mark last week. While the smallest increase was in case of wheat, where the...

-The Hindu   Tamil Nadu Chief Minister Jayalalithaa on Saturday criticised the Central government for seeking to reduce States into the status of “glorified municipal corporations.” In her address to the National Development Council, which met in New Delhi, the Chief Minister, whose speech was read out by Finance Minister O. Panneerselvam in absentia, said that the NDC was a forum to consult with State Chief Ministers, as equal partners in the process...

Directs Centre to submit detailed report on project cost and land acquisition The ambitious river linking project, connecting rivers of peninsular India with  Himalayan rivers through canals, has hit a roadblock after the Supreme Court's observation that the project would burden the Union government because of escalating costs. While environmentalists and activists have welcomed the order seeking detailed report on the project's cost, the National Water Development Agency (NWDA) has commenced...

Today is the ''International Day for the Eradication of Poverty'', so it an appropriate day to note how necessary it still is to emphasise this concern among Indian policy makers. Sadly, lack of official awareness is evident in all sorts of recent policy measures, for example in the cynicism of increasing oil prices that feed into all other prices with cascading effects, even when Inflation has already imposed huge burdens on...

-The Business Standard   After lingering tantalisingly close to 10 per cent for about a month-and-a-half, food Inflation climbed to double digits for the week ended October 8, signalling that Reserve Bank of India (RBI) may continue with its tight monetary stance in its policy review later this month despite the economy showing signs of a slowdown in growth. As protein-based items turned dearer, wholesale price-based annual food Inflation rose by a whopping...