The Prime Minister's economic adviser, C Rangarajan, wants the Reserve Bank to remove excess money from the system to check rising prices as food inflation neared the decade's high of 20 per cent. "We need to see that liquidity does not put inflationary pressures and for that some action on the monetary front would also be required," said Rangarajan, Chairman of the Prime Minister's Economic Advisory Council (PMEAC) and a former...
More »SEARCH RESULT
Total Matching Records found : 3134
Call for moratorium on GM food by Dennis Marcus Mathew
ALAPPUZHA: Noted scientist and founder of the Hyderabad-based Centre for Cellular and Molecular Biology, P.M. Bhargava, has called for a moratorium of at least eight years on genetically modified (GM) food products in India. Inaugurating a national seminar on Bt. Brinjal and Alternatives in Agriculture at the Mararikulam Brinjal Festival here on Saturday, Dr. Bhargava said the moratorium period should be used to set up an independent laboratory in the...
More »The unsettled debate on Indian poverty by R Ramakumar
The Tendulkar Committee has pitched for a policy position that is stranded between the harsh realities of poverty and a fiscally conservative neo-liberal framework. The debate on the extent of poverty in India has been a matter of global interest in the recent years. The primary reason for the global interest in the debate is that the levels of poverty in India and China have come to exert significant influence...
More »Kashmir's houseboats in decline by David Loyn
The houseboat industry in Indian-administered Kashmir, one of the jewels in India's tourist crown, is threatened with closure. If it does not clean up its act the courts have threatened to close down the houseboats, which have entertained visitors since British times. The boats are intricately carved and often very spacious, but 20 years of low investment during the insurgency against Indian control of the Kashmir Valley have taken their toll....
More »Indian migrants face bleak future in Dubai
The impact of the global financial downturn has been felt keenly in the Middle Eastern emirate of Dubai - and that in turn is affecting the remote Indian village of Akhopur in the state of Bihar, from where Amarnath Tewary reports. In August 2008, Bharat Bhushan Tiwari - from Akhopur village in eastern Indian Bihar - took a loan of 71,000 rupees ($1,500) from a village moneylender to pay a...
More »
