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The grain glut

-The Business Standard Are subsidised exports the only solution? Surely the intellect of a high-level inter-ministerial committee is not required to conclude that the subsidised export of wheat and the disposal of grain at discounted rates at home can help ease the current grain congestion. However, this seems indeed to be the conclusion reached by the high-level panel set up by the prime minister under the chairmanship of his Chief Economic...

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Centre trying to build consensus on retail FDI: Pranab

-PTI With key UPA ally Trinamool Congress averse to FDI in retail, finance minister Pranab Mukherjee today said the Centre is trying to build a consensus on it and other contentious issues. "We are working to build a policy consensus on a number of pending issues such as introduction of Goods and Services Tax, further liberalisation of FDI, including in retail, and deepening and strengthening of financial markets for long term investments,"...

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PM’s economic advisory council chief C Rangarajan hints at diesel, LPG price hike-Pradeep Thakur

C Rangarajan, chairman of the PM's economic advisory council, on Friday hinted at price corrections in both diesel and cooking gas over the next few months to send a strong signal to foreign investors and to ensure adequate capital flows. "I think it is necessary to act on prices of other petroleum products also," he told TOI. Rangarajan, a former RBI governor, said there was a proposal on dual pricing...

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Job portal for disabled-Ananya Sengupta

Soon, the country’s estimated 40 million people with disabilities will be able to track job opportunities at the click of a mouse. www.jobability.org will be launched tomorrow at a national conference on livelihood for persons with disability held by business chamber Ficci. The site is designed to be friendly for the disabled and will be exclusively for use by such people. The portal, the first such initiative in South Asia that...

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Fresh look at definition of ‘poor’

-The Telegraph The government today set up an expert committee to suggest a new methodology for determining who is poor and who is not, following widespread condemnation of its existing criteria last year. However, the five-member committee headed by C. Rangarajan, chairman of the Prime Minister’s Economic Advisory Council, will also examine the existing methodology, which was suggested by a previous expert panel formed under Suresh Tendulkar. Tendulkar’s methodology was solely based on...

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