-The Hindu ‘Fair price shops will do business from 9 a.m. to 6 p.m. for first the 10 days of the month' Koar (Karnataka): Chief Minister Siddaramaiah on Friday announced that the ‘Padithara Khatri' scheme would be launched on Saturday to ensure proper supply of foodgrains to ration cardholders. Fair price shops should be kept open from the first to the 10th of every month from 9 a.m. to 6 p.m. and provide...
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Illegal sale of PDS food grain on the rise-Yunus Y Lasania
-The Hindu Huge quantities of stock being routinely seized from middle-men Hyderabad: How much of food grain supplied under the Public Distribution System (PDS) is actually being consumed by white-card holders? Does the scheme truly satisfy its beneficiaries? While the answers are elusive, the fact remains that large quantities of stock are being sold illegally. Statistics provided by the Vigilance & Enforcement (V&E) Department show that huge quantities of stock are routinely being...
More »Chaudhuri committee on WPI facing difficulties with Producer Price Index-Nayanima Basu & Sanjeeb Mukherjee
-The Business Standard Deadline extended by three months to March 31 for submitting report After a push from the Prime Minister's Office (PMO), a committee headed by Planning Commission member Saumitra Chaudhuri seems to be giving its full attention in moving towards Producers Price Index (PPI) that will give accurate calculation of movement of inflation. To help the panel finish its task, the government has extended its deadline by...
More »Cereal offenders -Ila Patnaik
-The Indian Express Food inflation owes largely to agricultural markets being regulated by outdated laws. The RBI governor, Raghuram Rajan, has a difficult task this week. He has to decide whether to keep interest rates constant or raise them - bearing in mind the possible taper of the US Fed's bond buying programme, a decline in industrial production and a rise in inflation. The sharp increase in consumer price-based inflation, to more...
More »Retail inflation refuses to ease, rises to 11.24% in Nov-Indivjal Dhasmana
-The Business Standard Inflationary figures could also desist RBI from easing its monetary stance to perk up economic growth The retail price index-based inflation jumped to an all-time high of 11.24%, driven by high vegetable prices, official data showed today. The inflation stood at 10.09% in October, entering double digits for the first time in six months. The surging prices of Essential Commodities were an important issue in the...
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