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We should not forget that prices which consumers pay are not what farmers get

-The Times of India Union steel minister Beni Prasad Verma's claim, that he was happy with inflation as higher food prices have helped farmers, borders on the ludicrous. A few weeks back P Chidambaram also attracted flak when he said that consumers have to pay more for sugar, rice and wheat as procurement prices are raised to benefit farmers. Linkages between high food prices and farmers' welfare is dubious because there...

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Government ready to take up bill to amend Coal Mine Nationalisation Act: Coal Minister Sri Prakash Jaiswal-Rohini Singh & Soma Banerjee

-The Economic Times The government is ready to give up its monopoly over coal mining to meet the requirements of the economy, if BJP supports a long-pending legislation to amend the Coal Mine Nationalisation Act (CMNA). "We are ready to take up the bill and open up the coal sector to increase production. This is the only way forward and there is a consensus within the government on this. Once BJP comes...

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Reforms, competition in distribution and end to coal monopoly only antidotes to power failures-Arvind Panagariya

-The Economic Times The power failure in India on July 30-31 was big news in US media. When the radio and TV stations began calling with the question whether this spelt the end to India's claims to global-power status, my first reaction was to remind them that a similar failure of the grid in 2003 had drowned the entire Northeast and Midwest in the US and Ontario in Canada into darkness. But,...

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Street vendors hail new Bill

-The Hindu A day after the Union Cabinet approved the Street Vendors (Protection of Livelihood & Regulation of Street Vending) Bill, 2012, the National Association of Street Vendors of India organised a meeting at Jantar Mantar on Saturday and hailed the decision with the hope that Parliament would now pass the Bill in its current session. Association national coordinator Arbind Singh said, “The struggle of street vendors has yielded result. We have...

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This expensive bulb is fused-Surya P Sethi

-The Hindu Universal electrification will remain a dream unless the government fixes the flaws in its much vaunted scheme to provide power to rural India In his Independence Day speech, the Prime Minister made the statement that “when the UPA Government came to power in 2004, we had promised that we would provide electricity to all villages.” He then went on to say: “Our next target is to provide electricity to each...

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