-The Hindu Huge quantities of stock being routinely seized from middle-men Hyderabad: How much of food grain supplied under the Public Distribution System (PDS) is actually being consumed by white-card holders? Does the scheme truly satisfy its beneficiaries? While the answers are elusive, the fact remains that large quantities of stock are being sold illegally. Statistics provided by the Vigilance & Enforcement (V&E) Department show that huge quantities of stock are routinely being...
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Cereal offenders -Ila Patnaik
-The Indian Express Food inflation owes largely to agricultural markets being regulated by outdated laws.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...
More »Govt will not compromise on fiscal discipline: Chidambaram
-PTI Allaying fears of a spurt in public expenditure ahead of Lok Sabha polls, finance minister P Chidambaram on Wednesday said government will not compromise on fiscal discipline, notwithstanding the defeat of Congress in four states, including Delhi and Rajasthan. Inaugurating the Delhi Economic Conclave, Chidambaram blamed the states for "inaction" to check hoarding and said the incumbent government pays a price for high inflation. "The agenda, therefore, will be obvious. At the...
More »Good Governance, Corruption Free Rule Matter: Indian Inc
-Outlook Indian Inc today said the outcome of elections in the four states should be seen as a strong message to the government as well as political parties for ensuring corruption-free rule and good governance. "Congress has been shown the door for poor political leadership and unconvincing approach to corruption," said businesswoman Kiran Mazumdar Shaw in a stern message as the poll results pouring in showed rout-like situation for the party in...
More »Mamata guards her potatoes, Orissa on a slow burn -Subrata Nagchoudhury
-The Indian Express Kolkata: The humble potato comes a poor second to pricey onion in State matters. But that was before Mamata Banerjee wielded the knife. Over the past couple of days, the West Bengal Police, directed by the Chief Minister, has seized thousands of trucks carrying potatoes to neighbouring states such as Orissa, Jharkhand and Bihar. Mamata's provocation was the rise in the price of the vegetable back home. However, while...
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