-The Times of India Congress will hold a massive rally on Sunday to defend its decision to allow FDI in multi-brand retail, in what will showcase government's new assertiveness on reforms and the backing extended by the Congress brass in the face of populist criticism that giant retailers will harm farmers' interests and pop and mom stores. The party has, especially its units in Delhi and neighbouring Haryana, have pulled out all...

-The Indian Express After 14 years, the Central government has held the minimum support price (MSP) for wheat constant at last year’s Rs 1,285 per quintal. There is, of course, still no guarantee that the price will not be changed if major producer states like Punjab and Haryana raise objections. But for now, the UPA government’s newly discovered zeal to push through another reform is heartening. It may also be useful...

-PTI Pitching for direct cash transfer of food subsidy, Planning Commission deputy chairman Montek Singh Ahluwalia on Tuesday assured this would not result in dismantling of current system of procuring grains at minimum support price (MSP) and distribution through PDS. "...about the cash transfer (of subsidy), the accusation is that you want to dismantle the PDS. This is completely wrong because there is no question of dismantling the minimum support prices," Ahluwalia...

-The Economic Times The fear of drought in India has abated with late precipitation of the monsoon in September this year. However, the country continues to suffer from a drought of formalised tabulated data of agro items on a real-time or monthly basis, though many estimates continue to fatigue the print and electronic media.  Red or green prices flashing on computer screens are taken for 'granted', but the discovery of future or...

-Outlook Rising income levels in rural areas have led to an unprecedented demand for protein-based food items, leading to sustained pressure in headline inflation, says a Crisil report. "Rising incomes in rural areas are fuelling greater spends on protein products such as milk, eggs and meat in the hinterland. Overall spending in the country on protein food doubled to Rs 2 lakh crore in 2009-10 from 2004-05. Two-thirds, or Rs 1.33 trillion,...