-PTI Retail inflation moved up marginally to 10.36 per cent in May on account of increase in prices of vegetables, edible oils and milk. Based on the Consumer Price Index (CPI), the inflation for April was revised to 10.26 per cent from the provisional estimate of 10.32 per cent, according to the government data release here on Monday. Vegetable prices recorded the maximum spurt in prices, up 26.59 per cent, followed by edible...
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One day at a cattle camp-Sameena Dalwai
In Maharashtra’s drought-hit Satara district, a cattle camp has come to the rescue of women and their cattle, writes Sameena Dalwai. Mann taluka in Satara district is ground zero for the drought now ravaging interior Maharashtra. The only cattle camp in the vicinity, being run by the Mann Deshi Mahila Bank and Foundation, provides a snap distress. This region, known as ‘Manndesh’ in Marathi folklore, falls in the rain shadow area...
More »RURAL URBAN DIVIDE: A TALE OF TWO INDIAS
A government report lends credence to the notion of “two Indias”, or the distinction between “India” and “Bharat” – a theme often debated in recent years. At a time when urban India is growing and policy makers have expressed clear preference for the trend, this report, by National Sample Survey Organisation (NSSO), brings India’s deep urban-rural divide into focus, showing disparities in scale and levels of expenditure and consumption and, equally...
More »Are you paying to keep oil firms profitable?-Anupama Airy
Amid protests over India's steepest-ever petrol price hike last week, many are now beginning to ask the question: Is the government milking the common man to keep its oil companies profitable? Consider these: Each time, you fill your car with a litre of petrol in Delhi, the Centre gets richer by Rs. 14.78 and state government earns another Rs. 12.20. In 2010-11 ( the latest figures available), the Centre and state governments...
More »Retail inflation hits double digits in April
-The Times of India Spiralling prices of vegetables, oils and fats, milk and Milk Products pushed consumer price inflation to double digits in April in yet another hurdle to the Reserve Bank of India's efforts to ease interest rates. The double digit retail inflation rate also poses fresh challenges for the UPA government which has been on the back foot for its handling of the economy. Data released by the Central Statistics Office...
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