-The Business Standard Amid the ongoing debate in Parliament on Inflation and the government’s inability to tame it, food Inflation, which had seen a dip in the past two weeks, increased to 8.04 per cent for the week ended July 23. In the previous week, food Inflation had fallen to a 29-month low at 7.33 per cent. All major items in the food basket recorded a rise in prices, from vegetables...
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Dual rates for diesel in pipeline
-The Telegraph The government may introduce dual rates for diesel — with the price of the fuel higher in cars and commercial power compared with the price for truckers and farmers — to prevent its misuse. During a parliamentary debate on the price rise, Opposition leaders asked finance minister Pranab Mukherjee if the government would withdraw subsidy benefits on diesel used by premium cars and commercial users such as telecom tower...
More »BPL salt does a double take
-The Telegraph It’s a move that will unwittingly rub salt on the wounds of around 36 lakh families in Jharkhand living below poverty line. With the Reserve Bank of India (RBI) recently withdrawing 25 paise coins from circulation, the state government has been forced to shed its friendly face and revise its decision to sell salt at 25 paise per kg to BPL families, commonly known as the lal-card holders. The Arjun Munda...
More »Left cries foul over House price ‘pact’
-The Telegraph Smaller parties today accused the government and the Opposition BJP of striking a face-saver deal on price rise, overshadowing the debate on the crucial issue in the Lok Sabha. Led by the Left, parties like the BSP and the RJD lashed out at the alleged pact the government was said to have struck with the BJP for drafting the language of the motion in such a way that the...
More »Opposition corners UPA on price rise in Parliament
-The Times of India The BJP-led Opposition on Wednesday launched its attack on the UPA government over the issue of price rise in Lok Sabha. Opening the debate, BJP leader Yashwant Sinha said that the BJP did not want the growth of economy if poor were dying of hunger. "Price rise is the worst kind of taxation on poor. The government should take immediate measures to check price rise" Sinha said. Continuing the...
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