The Tamil Nadu government on Friday decided to implement immediately a slew of measures to rein in the spiralling prices of essential commodities and vegetables. A large number of sales counters will be opened in Chennai and other Corporation areas to sell vegetables. Chief Minister M. Karunanidhi, who chaired a meeting to discuss ways to control price rise, directed officials to start 25 new Uzhavar Sandhais. The State government will write to...

What’s Going Wrong?     * Market intelligence remains a weak link; farm policies rarely reflect correct scenario     * Extensive damage to crop in Maharashtra not factored in promoting onion, tomato exports     * Middlemen make capital while farmers realise 10-15% margin, not enough to recoup losses     * Government market intervention capacity limited to foodgrains and pulses **** India’s worst-kept secret was finally revealed when the government threw up its hands in despair in the...

The Manmohan Singh government is digging an even bigger hole for itself by claiming there was no loss of revenue from the sweetheart sale of 2G spectrum to favoured corporate houses. “Milord,” cunning lawyers have argued in countless Hindi movies, “how can there have been a murder when there is no dead body?” I was reminded of this line when I heard Kapil Sibal — who has been performing as an...

Marie Antoinette may or may not have deadpanned “let them eat cake” but the Bengal government could have tried saying “let them eat potato” in these times of price rise. But out went that opportunity — along with 7,000 bags or 4,200 tonnes of potatoes at Panagarh in Burdwan. In terms of cash, potato stocks valued at Rs 50 lakh rotted on the open ground today because of a dispute between a...

Differences within the ruling government alliance over food management came to the fore on Tuesday with home minister P Chidambaram questioning agriculture minister Sharad Pawar's pitch for resuming export of sugar. A meeting convened by Prime Minister Manmohan Singh to discuss measures to calm soaring food prices saw sugar become a key focus area with Pawar plumping for freeing its export, citing an expected bumper crop this year. As soon...