If the price rise is due to production shortfall, how does one explain the near doubling of the price within a few days? The sharply rising onion prices have raised the suspicion that speculators are manipulating a shortage situation. First, a few facts. In retail markets, onion prices have soared from Rs 10-11 per kg in June to as high as Rs 70-80 on Dec 21. Even more significantly, prices zoomed by...
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Of luxury cars and lowly tractors by P Sainath
Even as the media celebrate the Mercedes Benz deal in the Marathwada region as a sign of “rural resurgence,” the latest data show that 17,368 farmers killed themselves in the year of the “resurgence.” When businessmen from Aurangabad in the backward Marathwada region bought 150 Mercedes Benz luxury cars worth Rs. 65 crore at one go in October, it grabbed media attention. The top public sector bank, State Bank of India,...
More »In Orissa’s poorest villages, questions over money spent on ‘jobs never given’ by Debabrata Mohanty
Last fortnight, the Supreme Court agreed allegations of misappropriation of NREGS funds in Orissa are not without basis. Debabrata Mohanty tracks the scheme and the controversy it is in: FACT HUNT In May-June 2007, the Centre for Environment and Food Security (CEFS) surveyed how an MGNREGS programme was being carried out in the 100 poorest villages of Orissa’s “hunger bowl” of KBK (Kalahandi-Bolangir-Koraput) districts, as well as the districts of Nuapada, Nabarangpur...
More »Grave injustice being done to tribal communities: Brinda
Communist Party of India (Marxist) Polit Bureau member Brinda Karat on Tuesday called for a time-bound commission to look into the anomalies in scheduling tribal communities, and pointed out that there was a huge undercounting of their number. “It is not just the question of numbers. Their right to a share of national resources is not recognised because of undercounting,” she said at a protest organised by the National Platform for...
More »Manmohan asks Ministries to bring down onion prices
With the Union government refusing to play Santa Claus and regulate market forces, the merciless rise in onion prices threatens to mar Christmas, New Year and Makar Sankrantri festivities. With several markets reporting a further rise in prices to about Rs.85 a kg, Prime Minister Manmohan Singh intervened, by directing the Ministries of Agriculture and Consumer Affairs to take steps to bring its prices to affordable levels. According to sources, the Prime...
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