It is presumed that the industrial development in Bihar is hampered by lack of investments. Is it because of 'unproductive' government policies or an unpredictable law and order situation? And how to increase the flow of investment in the state? In order to find out answers to all such questions and debate these issues, Business Standard Hindi recently organised a roundtable in Patna. The seminar was attended by various small...
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Set back in sowing of rabi wheat, cereals by Gargi Parsai
The government’s expectation of the rabi wheat crop making good the shortfall in Drought-affected kharif season received a set-back with a lower acreage in wheat, coarse cereals and oilseeds this season. Sowing of pulses, however, is 6.2 per cent higher than last year in the corresponding period. The sowing period ends around January 15. The sowing of rabi wheat, coarse cereals and oilseeds has fallen behind last year and this does not...
More »Sugar nears Rs 50 a kilo, govt helpless
Packaged sugar now costs Rs 46 a kilogram in the retail market and there are no signs of prices levelling off. With loose sugar also costing Rs 43-44 a kg, the poly-packed product is inexorably moving towards the Rs 50 a kg mark, with the government appearing helpless in containing the spiralling prices. The steady rise in sugar prices since the second half of last year is a consequence of...
More »Govt rings alarm bells on rising sea level off India coast by Shaju Philip
There is an alarming rise in sea level along the Indian coast since 2004, said Shailesh Nayak, Secretary, Ministry of Earth Sciences. Addressing the Indian Science Congress session on ‘Weather, Climate and Environment,’ Nayak said the seal-level rise during 2004-08 along the Indian coast was about 9 mm. The global average sea-level rise from 1961 to 2003 was 1.8 mm per year. The annual rate along the Indian coast was...
More »India wins slowdown battle; defeated by rising prices in ’09 by Chandra Shekhar and Rakesh Pathak
India achieved the distinction of being the second fastest growing economy amid the global recession in 2009, but the joy was marred by the decade’s sharpest rise in food prices to the chagrin of common man. For a country that continued to lose on its exports throughout the year that has gone by, economy achieved a remarkable growth of about 7% (during April- September 2009) on the back of focused government...
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