-Outlook Government today reduced minimum export price (MEP) of onion to USD 150 a tonne from USD 350 to boost shipments and check sharp fall in domestic prices that has led to farmers protest in producing states. This is the third downward revision of onion MEP, the benchmark price below which the commodity can not be exported, this month. On December 16, the Centre had reduced it to USD 800 a tonne...

-The Business Standard The only way to fix food inflation Both the inflation figures for November and current market reports indicate that the contours of food inflation have changed tangibly of late. While the prices of pulses, edible oils and sugar have tended to either moderate or decline, those of staple cereals, notably rice and wheat, and of perishable items, chiefly vegetables and fruits, continue to propel food inflation higher. The blame...

-The Indian Express Food inflation owes largely to agricultural markets being regulated by outdated laws.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...

-PTI Batting for bringing flexibility in UPA's flagship NREGA, Union Minister Jairam Ramesh on Sunday said the scheme has failed to achieve the three objectives of wage employment, creating community assets and empowering gram panchayats at the same time in any state. Stating that all jobs cannot be provided in areas where the youths want them, he called for encouraging migration across all states and noted with concern the "discrimination" in housing...

-Outlook Batting for bringing flexibility in UPA's flagship NREGA, Union Minister Jairam Ramesh today said the scheme has failed to achieve the three objectives of wage employment, creating community assets and empowering gram panchayats at the same time in any state. Stating that all jobs cannot be provided in areas where the youths want them, he called for encouraging migration across all states and noted with concern the "discrimination" in housing suffered...