-Reuters   India’s food price index rose 9.03% and the fuel price index climbed 13.13% for the week ended 6 August, government data on Thursday showed. Finance minister Pranab Mukherjee termed the over 9% rate of food inflation as “not acceptable”, but expressed hope that government policies and a good monsoon will help ease prices. “Food inflation at the level of 9% is not acceptable. I do hope the measures taken to remove supply...

-The Business Standard   Much depends on a strong implementation framework but the imposition of a cap by the Planning Commission could lead to arbitrary exclusions. Himanshu Assistant Professor of Economics, School of Social Sciences, Jawaharlal Nehru University The methodology, which is based on the framework suggested by the Saxena Committee, uses indicators that have been refined using a large-scale pilot survey There are over 400 million poor (the number varies depending on which estimate you...

-PTI   Select food items, fuel and clothing grew more expensive in July, leading to a 1.47 per cent rise in the Consumer Price Index (CPI) vis-a-vis the month of June to 110.4 points. The CPI, based on retail prices, stood at 108.8 points in June, as per data released by the government on Thursday. At the all-India level, the CPI for 'food, beverages and tobacco' went up by 1.57 per cent to 110.3...

• Without a clear definition of ‘public purpose’, the land acquisition bill is meaningless • The bill’s definition of ‘fertile land’ can potentially harm the agriculture sector • Government’s role in defining land will create economic and political problems in future As Parliament debates this month it will, hopefully, move beyond issues of corruption in high places to important economic legislation. Two such pieces of legislation are the land acquisition bill and...

-The Economic Times   The Right to Food Bill, which proposes to give more subsidised grains to the poor, would be introduced only in the winter session of Parliament as consultations with states was taking longer than expected, Food Minister KV Thomas said on Wednesday. The draft bill, approved by the empowered group of ministers, is currently being processed in the law ministry. It was expected to be introduced in the monsoon...