-Outlook The price of non-subsidised cooking gas (LPG), which customers buy after consuming their quota of subsidised cylinders, was hiked by a steep Rs 220 per bottle today on firming international rates. The 14.2-kg cooking gas cylinder that consumers buy beyond their entitled nine bottles at subsidised rates, will now cost Rs 1,241, up from Rs 1,021 in Delhi, state-owned fuel retailers said. This is the third increase in non-subsidised LPG rates in...
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Tax soft drinks more, save lakhs from diabetes -GS Mudur
-The Telegraph New Delhi: India could prevent an estimated 400,000 people from becoming patients of diabetes over the next decade if the government imposes a 20 per cent extra tax on sweetened beverages, a new study has suggested. The study by researchers at the Public Health Foundation of India (PHFI), New Delhi, and academic institutions in the US and the UK has also indicated that such a tax on soft drinks might...
More »Stricter energy norms to push up AC, fridge prices by between Rs 3,500 and Rs 5,500-Writankar Mukherjee
-The Times of India KOLKATA: Prices of air-conditioners and refrigerators will increase by between Rs 3,500 and Rs 5,500 as early as next week due to stricter energy rating norms that will push up production costs. The Bureau of Energy Efficiency (BEE), the statutory energy conservation body under the power ministry, has tightened energy norms for air-conditioners by one level and those for refrigerators by two levels. This means, an existing five-star...
More »Why food prices stay up-Mayank Mishra & Sanjeeb Mukherjee
-The Business Standard The Agricultural Produce Marketing Committee law allows mandis to remain in the grip of a middlemen cartel, with clear links to politicians who run the governments Congress Vice-President Rahul Gandhi has, in effect, told chief ministers of party-ruled states that if food inflation is to be controlled, as many items as possible must be got out of the purview of the Agricultural Produce Marketing Committee (APMC) Act. For the time...
More »Contentions on the Bali Ministerial Decision -Vijoo Krishnan
-Vikalp The recently concluded Bali Ministerial marks an important milestone in the WTO negotiations. The National Food Security Act, 2013 in India has brought the issue of food security and hunger within developing countries to the forefront of the negotiations in the WTO. In this context, the G-33 proposal addressing the issue of non-recognition of food security concerns of developing countries within the global trade rules reflected a meaningful unity within...
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