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Ripple effect of rising fuel prices: Get used to high food prices, RBI can do little to counter them -Avinash Celestine

-The Economic Times Like his predecessor, RBI governor Raghuram Rajan too remains worried about inflation. And despite repeated attempts, the RBI has had mixed success in taming prices. Reserve Bank of India governor Raghuram Rajan has clearly decided to play spoilsport to the markets. By making it clear that he, like his predecessor, remains worried about inflation, he has also effectively signalled that with consumer prices at 9.5%, markets shouldn't expect those...

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The land Bill is pro-bureaucracy, anti-farmer-NC Saxena

-The Business Standard The process prescribed in the law is so cumbersome and time consuming that neither industry nor landowner will benefit Fast economic growth in the last two decades has increased demand for land from many sources, such as infrastructure, industry, mining, and urbanisation, including real estate. Even when these activities are funded privately and are driven by profit motive, they serve a social purpose since employment generation per unit of...

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20 villages inundated -Pranab Kumar Das

-The Telegraph Tezpur (Assam): Rains in neighbouring Arunachal Pradesh and a rise in the water level of Solengi river has inundated at least 20 villages in Assam's Sonitpur district today. An embankment of the Solengi river at Borghuli village was breached, affecting the neighbouring villages. Road communication between Gohpur and Itanagar, the capital of Arunachal Pradesh, was also hit due to floodwaters. Ramen Bora, a resident of Kokila village, said the breach near...

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Crisis simmers in Bengal’s rice bowl-Pranesh Sarkar

-The Telegraph Kolkata: Seedbeds are not yet ready in vast stretches of Bengal's rice bowl because of poor rainfall, raising the prospect of a slump in production and showing up the inability of catchy slogans alone in making farming less of a gamble in the monsoon. Rainfall in the four major rice-producing districts of Bengal till Monday was around 50 per cent less than the normal average, officials in the agriculture department...

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Five questions govt needs to answer on food security -Vivek Kaul

-First Post Sonia Gandhi wants the chief ministers of fourteen states in which the Congress party is in power to role out the food security scheme in letter and spirit, and in quick time. Some media reports suggest that the scheme will be rolled out on August 20, which also happens to be the birth anniversary of Sonia's late husband Rajiv Gandhi. While there seems to be a great hurry to launch...

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