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RBI warns of more inflationary pressures from poor rains, MSPs

-PTI Indicating that its nearly three- year-old battle with inflation is not yet over and a loose monetary policy is still far off, the Reserve Bank today said the near-term inflation trajectory still remains sticky on the back of weak monsoon, higher support price for farm crops and the falling rupee. Headline inflation persisted above 7 per cent during the first quarter of the fiscal due to a rebound in food rates...

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Madhav Gadgil, ex member of NAC interviewed by Sreelatha Menon

-The Business Standard Madhav Gadgil headed the Western Ghats Ecology Expert Panel set up by the ministry of environment and forests in 2010. The report zoned 75 per cent of the Western Ghats into different grades of ecological sensitivity. The recommendation was to protect these zones with measures by phasing out mining and introducing organic farming and eco-friendly urbanisation. The report also proposed a development model executed in consultation with the...

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Old diet, new recipe-Sebastian PT

-Business Today "I want it back," says Sharada Begum. The 67-year-old woman is a member of one of the 100 households of Raghubir Nagar, a resettlement colony in west Delhi, chosen to participate in a pilot scheme that aimed to turn the public distribution system (PDS) on its head. Through all of 2011, these households had Rs 1,000 transferred every month to a woman member's bank account in lieu of rice, wheat,...

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Centre rolls out drought plans

-The Telegraph The Union government today announced contingency measures, including the rollout of alternative crops and additional power for irrigation, in response to the persistently poor monsoon rainfall. The crop area sown this year is about 8 million hectares lower than last year but agrometeorology experts say the cumulative area sown with rice can be determined only around early August. Prime Minister Manmohan Singh has directed various ministries to co-ordinate their efforts with...

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Farm worker killed at meet over wages-Indranil Sarkar

-The Telegraph Burdwan: A 65-year-old labourer was allegedly beaten to death by a group of farmers in Burdwan when a meeting to discuss the workers’ demand for a revision of daily wages escalated into a clash. Radhanath Soren, who is also a CPM worker, was taken to Jamalpur health centre where he was pronounced dead. Over 100 farm labourers in Nabagram have for the past three days refused to cultivate the fields at...

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