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Price of delay

-The Business Standard   Union finance minister Pranab Mukherjee was being economical with the truth when he said that last Saturday’s petrol price hike decision was entirely that of oil marketing companies (OMCs). True, the government correctly but belatedly deregulated petrol pricing several months ago, but it is clear that despite a sharp increase in global crude oil prices in the past six months, the OMCs restrained themselves from increasing domestic...

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Ashok Gulati, chairman of Commission for Agricultural Costs and Prices (CACP) interviewed by Ruchira Singh

The chairman of Commission for Agricultural Costs and Prices (CACP), Ashok Gulati, is a well-known proponent of reforms and an agricultural economist with diverse experience. Prior to taking charge of CACP, he was the International Food Policy Research Institute director in Asia. In an interview, Gulati spoke about the urgency for initiating reforms in the agricultural sector and made a strong case for intervention to check falling wheat prices either...

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Petrol price hike unwarranted: AIDWA

-The Hindu   The All-India Democratic Women's Association (AIDWA) has condemned the latest increase in the price of petrol by Rs.5 a litre. “The increase is unwarranted, particularly because international prices of oil had shown a declining trend in recent weeks. This is indeed a post-election gift to people from the UPA government,” a statement issued by AIDWA said on Monday. “For the common people, who were reeling under relentless price rise for...

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Centre has no say in oil prices, says FM

-The Telegraph   The Trinamul Congress was silent on the petrol price hike for the second day, its leaders only saying that Mamata Banerjee would speak on the issue. While Trinamul is still working on its response to the Rs 5 rise that the Left has pounced on to attack the UPA government, of which the party is a key member, finance minister Pranab Mukherjee today said the Centre could not be...

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Do natural disasters deserve more attention than man-made one’s? by Prasanth Menon

While, the threats of a nuclear fall-out, borne out of a tragedy that happened in the Fakushima Nuke Plant in Japan, started a debate about the positives and negatives of nuclear energy. The media completely ignored the protests and the cries that were being carried out (in fact, for the last 10 to 15 years) in Northern Kerala as well as Southern Karnataka to ban the Pesticide Endosulfan. Perhaps, after the...

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