-The Times of India NEW DELHI: The government on Friday decided to raise the annual cap on the number of subsidized cylinders per household to 12 from nine after Congress vice-president Rahul Gandhi gave a cue at the AICC session, saying the present ceiling was inadequate for households. Confirming that the cap would be raised, oil minister M Veerappa Moily told reporters that a proposal would be taken to the Cabinet shortly....

-Outlook The price of non-subsidised cooking gas (LPG), which customers buy after consuming their quota of subsidised cylinders, was hiked by a steep Rs 220 per bottle today on firming international rates. The 14.2-kg cooking gas cylinder that consumers buy beyond their entitled nine bottles at subsidised rates, will now cost Rs 1,241, up from Rs 1,021 in Delhi, state-owned fuel retailers said. This is the third increase in non-subsidised LPG rates in...

-Vikalp The recently concluded Bali Ministerial marks an important milestone in the WTO negotiations. The National Food Security Act, 2013 in India has brought the issue of food security and hunger within developing countries to the forefront of the negotiations in the WTO. In this context, the G-33 proposal addressing the issue of non-recognition of food security concerns of developing countries within the global trade rules reflected a meaningful unity within...

-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...

-The Indian Express Food inflation owes largely to agricultural markets being regulated by outdated laws.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...