-The Telegraph Costlier food items carried inflation up to 7.55 per cent in May, and the price situation could get aggravated further by the government’s decision to raise the minimum support price of paddy, oil seeds and pulses. However, the Cabinet Committee of Economic Affairs (CCEA) deferred a decision to raise urea prices because of opposition by some ministries. Inflation in May last year stood at 9.56 per cent. Overall food inflation rose to...
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As Grain Piles Up, India’s Poor Still Go Hungry-Vikas Bajaj
RANWAN, India — In this north Indian village, workers recently dismantled stacks of burned and mildewed rice while flies swarmed nearby over spoiled wheat. Local residents said the rice crop had been sitting along the side of a highway for several years and was now being sent to a distillery to be turned into liquor. Just 180 miles to the south, in a slum on the outskirts of New Delhi, Leela...
More »MoEF panel favours bauxite mining in Vizag tribal area-M Suchitra
Yet-to-be-made public report dismisses environmental concerns The high-level committee set up by the Union Ministry of Environment and Forests (MoEF) to study the socio-economic and ecological impacts of the proposed bauxite mining in Andhra Pradesh’s Visakhapatnam district has submitted its final report favouring mining. The committee concludes mining will not have any significant negative impact on the ecology. At the same time it recommends settling all claims under the Forest Rights...
More »Recovering Budhni Mejhan from the silted landscape of modern India-Chitra Padmanabhan
Of late, a childhood friend's 80-year-old mother has taken to writing. Emboldened by her single-mindedness, memories dulled by a lifetime of contingencies now respond readily to the daily rustle of pen on paper. One memory stands out in Surjit Kaur's mind. In 1957, as a fresh eyed schoolteacher from Delhi she went on an educational tour to Uttar Pradesh, Madhya Pradesh, Bihar and West Bengal. It was 10 years after Independence...
More »Vegetable prices surge 61%, fuel 7.2% inflation in April
-The Economic Times Soaring vegetable prices pushed inflation higher in April, while fuel and manufactured product prices sustained their pressure posing a fresh policy challenge and announcing the return of price pressures in Asia's third-largest economy. Data released by the commerce & industry ministry on Monday showed the annual rate of inflation, based on monthly wholesale price index, stood at 7.23% for April, 2012, compared to 6.89% for the previous month and...
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