-The Economic Times India's consumer prices climbed 10.56 per cent in December from a year earlier. This will hold the RBI's rate-cutting hand and prove politically painful for the government. The increase in the Consumer Price Index (CPI), over three percentage points more than the increase in the Wholesale Price Index (WPI) number, is due to a spurt in prices in the food and beverage category - mainly vegetables, oils and fat,...
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Millers’ market-Lyla Bavadam
-Frontline Maharashtra’s sugarcane farmers are a worried lot as the State government backs out from the sugar pricing process. Sangli & Kolhapur: KOLHAPUR and Sangli districts in Maharashtra form the heartland of Indian sugar industry. This time of year is generally the busiest, with itinerant labourers cutting sugarcane and loading it on to tractors that roar off to the more than 20 sugar factories in the two districts. In November and December,...
More »Decontrol sugar and set free the farmers
-The Economic Times The government must decontrol sugar, lift curbs on trade in molasses and allow proper markets to function in this sector. Ill-informed would-be saviours of farmers like Gen V K Singh oppose the move. They only serve to fatten liquor barons like the late Ponty Chadha and depress farm incomes. As an article by Nidhi Nath Srinivas (ET, November 22) points out, wily politicians use control to make the sugar...
More »Lopsided growth by Venkitesh Ramakrishnan
U.P.'s GDP grew at 7.28 per cent in the past five years, but the State ranks low in virtually every area of socio-economic development. IF statistics on gross domestic product (GDP) are the only criteria to evaluate the performance of a government, the Mayawati-led Bahujan Samaj Party (BSP) government in Uttar Pradesh will have to be rated as one with highly impressive credentials. For, India's most populous State has recorded a...
More »The other oil problem
-The Business Standard For a country whose cuisine uses so much edible oil, India’s dependence on imported cooking oil is as economically debilitating as its dependence on imported energy. Barring a short spell in the late eighties, when the country was nearly self-sufficient in edible oil production, the bulk of the cooking oil needs have been met through imports for decades. Even today, domestic oilseed production does not meet even...
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