After nearly 15 straight months of double-digit food inflation, the government announced on Thursday that food inflation had dipped to 9.67% for the week that ended on July 17. That's small consolation for most Indians, particularly the poor, who have seen a relentless assault on their food budgets that has resulted in essential items being dropped from the menu, giving rise to a whole new enforced "austerity diet". Since no...

The agriculture ministry has put on hold the controversial Seeds Bill, 2004, following strong objections from the MPs, mainly on the pricing and penalty clauses. Sources said while the penalty clause would be further referred to the law ministry for its opinion, the ministry would consider the suggestion of creating a national authority to decide pricing of the seeds. “Two main issues need to be discussed further — pricing of seeds and...

Does the government really have any clue about how to go about controlling prices? A quick survey of statements made by everybody from the prime minister downwards shows a picture of groping in the dark, while handing out empty assurances from time to time. What is worse, it's all smoke and mirrors for the public. Coming as it does from a government that is loaded with top-notch economists, it is...

10-member delegation meets Pratibha to garner support for Women's Reservation Bill in the Lok Sabha Passing of the Bill will be a “historic step” ‘Women should get 50 per cent reservation' Demanding passage of the Women's Reservation Bill in the Lok Sabha, a large number of women from across the country took out a rally at Jantar Mantar here on Thursday to demand their “right”. While the rally gathered support for the Bill, a...

Antiquated food storage methods and technologies have been costing India dearly. The chairman of the Food Corporation of India (FCI), Siraj Hussain, admits that food worth Rs 50,000 crore is wasted every year. This comes roughly to 20 per cent of the total food produced by the country. Though this figure includes food that is lost in processing, packaging, transportation and even marketing, yet a substantial portion of it is lost...