The declining trend in food price inflation globally may not hold true for inflationary trends faced domestically due to a weakening Indian Rupee vis-a-vis the US Dollar. The recently released FAO Food Price Index (nominal) has shown a declining trend in July for the third consecutive month owing to lower international prices for grains, soy & palm oil, meat, dairy and sugar. (See links below) Based on FAO Food Price...
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Urban India more dissatisfied with UPA-II
-The Hindu Dip in Congress' vote share from SCs, STs, Muslims - its traditional support base Cities are driving the anti-UPA sentiment, while marginalised communities - the Congress' traditional base - are more satisfied than dissatisfied with UPA-II's performance. These findings emerge from a CNN IBN-The Hindu-election tracker poll of 19,062 demographically representative respondents. Just 38 per cent of respondents expressed satisfaction with UPA-II's performance (with 22 per cent undecided), down from 49...
More »Will rising prices hit poll result? UPA govt panics -Rajeev Deshpande
-The Times of India NEW DELHI: Rising apprehension that food inflation may finally begin to bite in electoral terms has seen the Manmohan Singh government press the panic button as retail prices of cereals, vegetables and pulses soar in comparison to last year. Persistent high inflation, particularly in food, is gnawing the government ahead of assembly polls in four major states later this year and the 2014 Lok Sabha election, a concern...
More »Why these four political parties coming under RTI won’t matter -Danish Raza
-First Post While the six biggest political parties have chosen to ignore the order to come under the Right to Information Act, a handful of regional political parties have embraced it wholeheartedly. However, that won't force the bigger parties to change their ways any time soon. On 3 June, the Central Information Commission (CIC) declared the six national political parties, Congress, BJP, CPI, CPI (M), NCP and BSP, as public authorities. However, the...
More »It really is the economy, stupid-Rukmini S
-The Hindu Development, price rise and jobs will be the overriding voter concerns in 2014 Lok Sabha poll Results from a nearly 20,000-strong Opinion Poll conducted by the Centre for the Study of Developing Societies (CSDS) for CNN-IBN and The Hindu indicate that ‘development and the economy' and ‘price rise' will dominate voter concerns in 2014. Corruption comes in at a distant fifth, just half as important to voters as ‘development and...
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