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Six-cylinder annual LPG cap under review: Veerappa Moily

-The Times of India The government is looking into demands for raising the six-cylinder annual cap on supply of subsidized cooking gas refills to each family, oil minister M Veerappa Moily told the Lok Sabha in a written reply on Friday. Separately, minister of state for petroleum Panabaaka Lakshmi told the House that state-run fuel retailers have issued more than 10 lakh new cooking gas connections since the government capped the supply...

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Farm trade paints an optimistic picture of the economy-Ashok Gulati and Surbhi Jain

-The Economic Times It has never happened since Independence. May be not even in the last 1,000 years what happened during October 2011-September 2012. India exported 10 million tonnes of rice, valued at around $6 billion, becoming the largest exporter of rice, replacing Thailand and Vietnam, generally the two largest exporters of rice. This is now known to many in rice circles. But what is little known is that in 2011-12, India also emerged...

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The Coming Famine In India-Binayak Sen

-Mainstream Weekly Dr Binayak Sen, an internationally renowned medical practitioner and social activist (a leading figure in the People’s Union for Civil Liberties), was incarcerated in Chhattisgarh and held in detention in Raipur having been branded as a Maoist for his activities in defence of poor tribals in the State. He is now out on bail. The following is the text of the Arvind Narayan Das Memorial Lecture he delivered in...

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Billions in Subsidies Prop up Unsustainable Overfishing -Christopher Pala

-IPS News Calls are mounting for the world’s big fishing powers to stop subsidising international fleets that use destructive methods like bottom trawling in foreign coastal waters, drastically reducing the catch of local artisanal fishers who use nets and fishing lines. Such subsidies total 27 billion dollars a year, with nearly two-thirds coming from China, Taiwan and Korea along with Europe, Japan and the United States, according to a University of British...

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Dithering on all cylinders

-The Business Standard The sorry implications of the LPG price rollback  Following the government’s decision to increase the price of diesel and introduce a cap on the number of subsidised gas cylinders available for household use in September, there was a reasonable amount of hope that the United Progressive Alliance (UPA) had learned some lessons. First, that it was essential to reduce the fuel subsidy bill, the most obvious component of the...

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