-The Hindu The RBI has estimated a 7.1% inflation rate for the July to September quarter India’s retail inflation touched 7% in August, up from 6.71% in July, fuelled by a 7.62% pick-up in food prices paid by consumers, even as industrial production growth in July had dropped to the lowest level since April at just 2.4%, with output levels dropping 2.75% month-on-month. This is the eighth successive month that retail inflation...
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Monetary Policy Alone Inadequate To Tame Inflation -Dr. Amar Patnaik
-NDTV.com At a time when Consumer Price Index (CPI) inflation has remained above RBI's upper tolerance level of 6% for seven consecutive months and the WPI inflation rates are at the highest levels since January 2007, it is good that the issue was finally discussed in parliament and the RBI's recent rate hike signals recognition of the concern. However, during the debate in the parliament, the Treasury bench largely took a...
More »Fuelling problems: India’s poor are being forced to return to unclean cooking fuels; here’s why -Seema Prasad
-Down to Earth With LPG prices crossing the Rs 1,000-mark, the poor now have to make unfair choices about their basic standard of life Farm labourer Mahadesha from Karnataka, groundnut farmer R Chandrashekharreddy from Andhra Pradesh, homemaker Geeta from Haryana and slum dweller Naresh from Ghaziabad are facing the same dilemma. The cost of a liquified petroleum gas (LPG) cylinder has crossed over Rs 1,000 on the back of regular price revisions...
More »Centre faces cover-up charge over iron rice given to poor, kids -Animesh Bisoee and GS Mudur
-The Telegraph 'Shocking that govt is trying to evade responsibility by issuing circulars that call on state governments to comply with FSSAI regulations' Jamshedpur, New Delhi: Two citizens’ alliances on Monday accused the Centre of trying to “cover up” what they have described as its “irresponsible” and “unscientific” decision to release iron-fortified rice through government food schemes and exposing vulnerable people to the potential health risks of iron overdose. The Right to Food...
More »Ailing NREGA: Additional Fund Allocation Uncertain, Activists to Protest Against Poor Implementation of Scheme -Rabindra Nath Sinha
-Newsclick.in The NREGA Sangharsh Morcha has called for a protest from August 2 to 4 against insufficient fund allocation, delay in wage disbursal, and other issues in implementing the employment scheme. Kolkata: Uncertainty looms over the Centre's decision on additional fund allocation to the MGNREGA programme before undertaking the traditional mid-term review at the end of August or early September. Contrary to official expectations, the dependence of rural households on jobs under...
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