Food inflation rose marginally to 17.87% for the week ended February 20 on the back of higher prices of milk, wheat, rice and vegetables. The figure in the previous week was at 17.58%. On an annual basis, price of rice increased 10%, wheat 14%, pulses 35%, onions 11% and potatoes 28%. Inflation in fuel, power LIGht and lubricant group was 9.59%, sLIGhtly lower than 9.89% in the previous week. However,...

Much of the dayLIGht robbery in the name of Commonwealth Games has been justified in the name of "National Prestige" and "World class aspirations. Whether all these surreptitious measures will eventually deliver the games is an open question? The Commonwealth is a 'friendly' association of those 72 colonies which were once part of the British Empire and rose to free nationhood - some through protracted struggle and others through negotiation. In...

The recent one-day strike by the fishermen community in some coastal states and the demonstration staged near the Parliament House in Delhi are a measure of how incensed the community is over the proposed new Central legislation to regulate marine fisheries in the Indian Exclusive Economic Zone (EEZ). The Marine Fisheries (Regulation and Management) Bill, 2009, the draft of which has been circulated to states prior to its introduction in...

IMAGINE THE lowly brinjal you have always known turning into a sci-fi gizmo — with an uncharted potency for good and evil. Imagine a food turned into a pesticide — and you will have a measure of the essential uncertainty around Bt brinjal. When Environment Minister Jairam Ramesh announced his indefinite moratorium on Bt brinjal on February 9, he halted a juggernaut that could have swept India to a point...

With the government successfully managing to partially LIGhten its burden by switching over to a nutrient-based subsidy scheme for fertilizers, the Economic Survey has now raised questions on the impact that food, fertilizer, kerosene and diesel subsidies have on poverty eradication. Instead, it has pitched for direct subsidy to the poor instead of price control, ostensibly to reduce diversion to the open market, leakage and adulteration. “The impact of these [food, fertilizer,...