-The Indian Express To address the crisis of rising unemployment, first fix labour laws. That there haven't been too many protests against the elevated levels of consumer price inflation for several years probably has to do with the number of jobs being created. While UPA 1 had a poor track record, and only 3 million new jobs were created between 2004-05 and 2009-10, National Sample Survey (NSS) data shows the situation improved...
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India may achieve 2nd highest foodgrain output this kharif
-PTI NEW DELHI: India is likely to achieve the second highest foodgrain production at 129.32 million tonnes this kharif season (summer crops) on better monsoon, but rice output is seen declining marginally. Agriculture Minister Sharad Pawar said a record foodgrain production is expected in full 2013-14 crop year on account of good rain and "there will be a rebound in agriculture growth" from 1.9 per cent in the last financial year. An improvement...
More »Ripple effect of rising fuel prices: Get used to high food prices, RBI can do little to counter them -Avinash Celestine
-The Economic Times Like his predecessor, RBI governor Raghuram Rajan too remains worried about inflation. And despite repeated attempts, the RBI has had mixed success in taming prices. Reserve Bank of India governor Raghuram Rajan has clearly decided to play spoilsport to the markets. By making it clear that he, like his predecessor, remains worried about inflation, he has also effectively signalled that with consumer prices at 9.5%, markets shouldn't expect those...
More »Food Corporation of India is prepared to implement Food Security Law: KV Thomas -Sutanuka Ghosal
-The Economic Times KOLKATA: In the wake of the just-enacted National Food Security Act, the Union Minister for Food and Public Distribution, Prof KV Thomas recently reviewed the operations of Food Corporation of India (FCI), especially from the point of view of its preparedness for implementing the law. Expressing satisfaction after the review, Prof. Thomas said the FCI had been undertaking various steps in the last one year towards increasing the storage...
More »Muslims comprise 21% of undertrials but only 17.75% of convicts: NCRB -Zeeshan Shaikh
-The Indian Express Mumbai: Over 21 per cent of undertrials in the country in 2012 were Muslims. However, members of the community comprised only 17.75 per cent of the convicts, reveals analysis of prison data released by National Crime Records Bureau (NCRB). This suggests a large number of arrested Muslims are released by the courts. The inverse is true of all other communities. Hindus comprised 69.92 per cent of undertrials and 71.35 per cent...
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