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Blame China for the stubborn and high Inflation by Smriti Seth

There is a China hand in India's inflation, one important reason why the steady rise in interest rates may not be cooling the high inflation. About 25% of imported inputs that go into manufacture of goods produced locally are imported from China. In addition, a third of consumer goods imported into India come from China. The inflation in goods exported by China was 10% in July, much higher than its overall...

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Maruti Suzuki shuts Gurgaon plant for 2 days; Manesar strike on

-PTI Maruti Suzuki India shut its main plant at Gurgaon for two days starting today due to component supply constraints from SPIL, where workers are on a stir in support of the striking colleagues at the country's largest car-maker's Manesar plant. "Maruti Suzuki has decided to suspend production at the Gurgaon plant on October 14 and October 15. This is in view of the non-availability of components for cars," the company...

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Priority member should get 7 kg grains: Food bill by Sanjeeb Mukherjee

-The Business Standard   PDS no prerequisite for grain entitlement to general-category families. The contours of the Food Security Bill are firming up, what with the proposed legislation now stipulating a monthly minimum of seven kilograms of grains per person for the country’s priority households. In fact, this category of families — with a pregnant woman, dependent children or a differently-abled member — will get even higher quota depending upon the availability, as...

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A bad return on investment

-Live Mint   As United Progressive Alliance chairperson Sonia Gandhi prepares to intervene next week in the great national debate about who is poor, she might want to visit north-eastern Mumbai to see how the poorest are not even classified as such and how a giant government scheme to save their children from malnutrition is failing. The nauseating stench from a mountain of garbage greets a visitor to Rafi Nagar at the base...

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CM: Appeal before land panel by Arnab Ganguly

Mamata Banerjee today appealed to the tribals in the Dooars and the Terai to take their case to the committee formed by the state government to look into the Gorkha Janmukti Morcha demand of bringing the Gorkha-dominated areas of the plains under the hill set-up. The tribals are opposed to the Morcha demand and have threatened protests and demonstrations if the state government accepts it. “A committee chaired by Justice (Retd) Shyamal...

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