Curbing inflationary expectations is the priority Food price inflation has been in double digits for almost a year. Officially this week it is clocking up 20 per cent, the highest in 11 years. Stories of inflation in pulses and Vegetables have appeared repeatedly in newspapers all over the country. The minimum support price for wheat has more than doubled in the past three years. The sugarcane farmers invaded the roads of...
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Food inflation soars to 20%
Food prices have hit a 10-year-high as supply shortages due to poor monsoon and floods in some parts finally bit hard, forcing a worried government to announce a step-up in imports and strengthening expectations of RBI tightening policy to stop a breakout of inflation in the wider economy. Prices of potato, other Vegetables and pulses drove inflation to 19.95% in the year to December 5, surging from 19% in the...
More »India food prices hit 10-year high
Food prices in India have risen to a high of nearly 20% over last year, the highest rate in a decade. The federal finance minister Pranab Mukherjee has said the government was planning to import food to ease prices. A short supply of food due to lower farm produce following drought and floods has led to the rising prices. Overall inflation in India has risen to 4.78% in November, up from...
More »India court admits plea to end life of rape victim by Soutik Biswas
India's Supreme Court has admitted a plea to end the life of a woman who has been in a vegetative state since 1973. Aruna Shanbaug, a nurse in Mumbai (Bombay), has been paralysed and considered "brain-dead" since she was attacked by a rapist in November 1973. The plea has been made by a journalist who has written a book on Ms Shanbaug. The court will examine if the plea is "akin...
More »Stars don’t foretell any more by Aparna Pallavi
Sahyadris have been documenting the changing climate for 40 years The latest joke among the Mahadeo Koli tribals living in the Bhimashankar area of Maharashtra’s Pune district is: “Ovni zali ka? (Have you transplanted your paddy?)” In the rain drenched Sahyadri range, where the main food crop is paddy, the unseasonal rains brought on by cyclone Phyan in late November have caused the harvested crop of fragrant Raibhog paddy to sprout...
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