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Minimum support price on food items up, may fan inflation

-The Times of India   Ahead of elections in Punjab and Uttar Pradesh, the government on Tuesday announced an increase of up to 39% in the support price for farm goods in what is being billed as a Diwali gift for farmers. But the move has raised fears of a further spike in food inflation, which crossed the 10% mark last week. While the smallest increase was in case of wheat, where the...

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Jairam for CBI probe into UP job plan graft by Prasad Nichenametla

Rural development minister Jairam Ramesh wants an urgent CBI inquiry into what he called brazen violation and deliberate embezzlement of MGNREGA funds in Uttar Pradesh. In a strongly worded letter to CM Mayawati — in the run up to the UP polls early next year — Ramesh described the inaction in dealing with the corrupt as a signal by the state to make money by openly flouting all procedures. "And...

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Government set to make 4 per cent of its yearly buy from dalit firms, boost MSME sector by Sidhartha & Subodh Ghildiyal

The Centre is set to make it compulsory for 4% of its annual purchases to be made from units run by dalits and tribals in what will be its strongest bait for classes that hold the key to political battles at the Centre and states. A rough estimate of the proposed spending comes to Rs 25,000 crore. Preferential procurement has been an early poll promise of UPA and its delivery...

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Ban on onion export, off wheat

-The Telegraph   The Centre tonight banned onion exports to check rising retail prices, re-imposing the curbs only six months after it lifted them following a dip. At the same time, it lifted four-year restrictions on overseas sale of wheat and non-basmati rice to ease storage problems following record production last season. “Onion exports have been banned with immediate effect. The ban will be reviewed on a fortnightly basis,” food minister K.V. Thomas said...

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Land acquisition bill is a political bill: Jairam Ramesh

-IANS   Rural Development Minister Jairam Ramesh on Wednesday said the draft land acquisition bill is a "political bill which strikes a balance between social benefit and economic growth" and gave the "entire credit" for it to Congress general secretary Rahul Gandhi. Referring to the recent agitations over land acquisition in parts of Uttar Pradesh, Ramesh said Rahul Gandhi made "key contributions" in the draft Land Acquisition and Rehabilitation and Resettlement Bill,...

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