Government sat on grain stocks while food prices shot up   In july 2008, when inflation rose to a 10-year high of 11 per cent and industry was hit by a range of factors, including economic recession, the Union government responded immediately. There were day-on-day monetary interventions. Since July 2009, inflation, as calculated by the prices poor consumers pay for their daily needs, has hovered around 11 per cent, again a 10-year...

Without policy efforts to deal specifically with issues such as reduced incomes and unemployment, the global economic crisis will be far from over. FOR most economic commentators, 2010 begins on an optimistic note. Just a year ago, there was much gloom about the world economy. The worst financial crisis since the Great Depression had broken out in full fury; asset markets in the United States, Europe and then most developing...

Patna-based Central Potato Research Institute (CPRI) has developed three varieties of potato as a New Year gift for farmers and potato consumers who were hit by the rise in the price of the commodity last year. The CPRI scientists have named the new varieties as kufary suya, pushkar and khyati. These offer better productivity and will be richer in protein and iron. They will have the average level of sugar. The principal...

The solar lights will help to save one billion litres of kerosene every year In the next three years, India plans to add 1,300 MW of solar power India plans to install 20 million solar lights and 20 million square metres of solar panel to generate 20,000 MW by 2022 as part of the Jawaharlal Nehru National Solar Mission, Union Minister for New and Renewable Energy Farooq Abdullah said on Monday. “By 2022,...

It is presumed that the industrial development in Bihar is hampered by lack of investments. Is it because of 'unproductive' government policies or an unpredictable law and order situation? And how to increase the flow of investment in the state? In order to find out answers to all such questions and debate these issues, Business Standard Hindi recently organised a roundtable in Patna. The seminar was attended by various small...