-The Economic Times Inflation - retail as well as wholesale - has increased in March over relatively benign levels in February. At 5.7%, the growth of inflation based on the wholesale price index ( WPI) was at a three-month high, compared to a ninemonth low of 4.7% seen in February. The Reserve Bank of India (RBI) now sets policy rates by looking at inflation based on the consumer price index (CPI)....
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About 40% foodgrains stored unprofessionally: Assocham
-PTI About 40 per cent of government's foodgrain is stored in an "unprofessional" way due to acute shortage of storage capacity to the tune of 35 million tonnes, industry chamber Assocham said on Wednesday. Currently, 70 per cent of the total warehousing capacity of 112 million tonnes is owned by the government. Additional 35 million tonnes of storage capacity is required in the 12th Five Year Plan (2012-17) period, it said. "About 30-40...
More »Worshipping false gods in India-Harsh Mander
-Live Mint In Gujarat public funds are committed to supporting private investment. This does not benefit the poor Amidst the clamour of India's colourful 2014 general election, a public debate of great import for India's future is underway. Leading political candidates debate which development model is best suited for a country of vast economic potential and embedded historical impoverishment. Most opinion polls rate Narendra Modi as the front-runner in the 2014 general election....
More »Climate change to leave India hot and hungry-Vanita Suneja and Parvinder Singh
-Thomson Reuters Foundation The lastest Intergovernmental Panel on Climate Change (IPCC) report not only provides new evidence but also sounds an alarm over the impact climate change is having on compounding hunger and significantly disrupting food grain production. Apart from leaving the world hungry and hot, the changing climate will also offset gains against poverty and hunger, especially among the marginalized communities. The new report makes unequivocal projections for India being one...
More »Be selfish—Fight climate change
-Bloomberg Countries should tackle climate change out of self-interest Climate change is already contributing to sea-level rise and flooding. Droughts and storms are growing more intense. Ice caps are melting; snow cover is diminishing. And the ocean is becoming more acidic. These changes threaten human food supplies, even as the global demand for food increases, and the problems can only be expected to worsen in the decades ahead, as will their ripple...
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