-The Indian Express The Supreme Court on Monday advocated a "balanced approach" on subsidies so that the country's "economy not just survives but also thrives". The court upheld the decontrol of diesel prices for bulk consumers, who had challenged the government's policy in various high courts. Some of these cases had travelled to the Supreme Court. "We have to keep in mind that the rupee is going down against the dollar....
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Not traders, farmers turn onions into storehouse of value -Jayashree Bhosale
-The Economic Times PUNE: Anand Ostwal, 30-year-old farmer from Satana in Nashik district, who had given last chance to farming after having failed for a decade, is holding on to 500 quintal onions in the hope of buying a car. "If I get a price of Rs 50/kg for the 500 quintal onions, I will get bonus amount of Rs 5 lakh to buy a car. Otherwise, I will have to drop...
More »CM sows what Buddha couldn’t reap -Pranesh Sarkar
-The Telegraph Kolkata: The Mamata Banerjee government today announced a scheme to allow big private investors to directly procure farm produce - a segment that Buddhadeb Bhattacharjee could not liberate from the stranglehold of the Forward Bloc. The scheme titled Brihat Krishak Bazar Yojana, which loosely translates into mega farmer market programme, seeks to "connect the local market to high-growth demand centres" and weed out middlemen. The project will allow private developers to...
More »Ready for peak oil?-Smriti Kak Ramachandran
-The Hindu As cities expand and markets keep fuel prices high, Indians are demanding better public transport. The States must deliver, but they are only inching ahead. In the chorus of angry voices against the horrific gang rape of a paramedic student on a moving bus in the national capital on December 16 last, one issue that quickly became apparent was the state of public transport in urban areas. The shocking incident...
More »No model state -Christophe Jaffrelot
-The Indian Express In Gujarat, growth relies on indebtedness. And relegates development. The Gujarat pattern of development has often been arraigned from the left because of its social deficits. Indeed, the state's social indicators do not match its economic performance. With 23 per cent of its citizens living below the poverty line in 2010, Gujarat does better than the Indian average - 29.8 per cent - but it reduced this proportion by...
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