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High food prices forcing Indians to cut other spending, says Nielsen

THE boom in demand for apparel and mobile phones may soon be over as Indians plan to spend less on fun and entertainment to deal with rising food prices, a Nielsen study says. Indian consumers are extremely cautious about rising food prices and a sizeable section may defer purchases by 6-12 months, says the latest Nielsen global consumer confidence index released on Monday. Some companies, including LG Electronics and Future Group, agreed...

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Budgetary support to Plan spend hiked 18% by Neeraj Thakur

The ministry of finance and the Planing Commission have finally agreed on increasing gross budgetary support by 18% for the terminal year of the Eleventh Five-Year Plan (2007-2012). GBS is the monetary assistance provided by the Centre to implement schemes in five-year plans. The ministry of finance will allocate around Rs4.41 lakh crore as part of the planned expenditure in the Budget for the next fiscal, compared with an allocation of Rs3.73...

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Censorship by ‘pay-to-print' by P Sainath

When it comes to paid news, there's silence because, while Ashok Chavan might stand accused, it is the media who are on trial. The year 2010 saw journalists, their associations and unions hold more conferences and seminars on one professional issue than any other. And it wasn't on the Wage Board or the Radia tapes. Hundreds of journalists across the country attended these meetings. Dozens stood up and spoke of their...

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Diluting the Right to Food by CP Chandrasekhar

The promise made by UPA II that it will ensure food security for Indians through legislation that guarantees the Right to Food seems, in its view, to have been an error. In a multi-stage process that reflects the pulls and pressures within the policy-making elite, the Food Security Bill has been diluted so much that it marks a reversal rather than an advance compared to the status quo. Let us...

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Court asks States to restore land meant for common use by J Venkatesan

Allotment of gram sabha land to private persons illegal Ponds, tanks which served communities for years encroached upon Taking a serious view of illegal and unauthorised encroachments on government poromboke land, the Supreme Court has directed all the State governments to prepare schemes for eviction of such occupants of gram sabha/panchayat/poromboke/shamlat land and restore them to the gram sabha/panchayat for the common use of villagers. A Bench of Justices Markandey Katju and Gyan...

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