The major problem that the media is addressing these days is the consumer price index. This is going to be discussed during the budget session. The focus has to turn to consumer pricing. People also face policy problems because of their wage negotiations and inflationary expectations. Consumer prices escalate by 5 percent every month and that is the first issue that needs to be addressed and attended as of now....

A growing number of endangered olive ridley sea turtles have been getting killed in Eastern India’s coastal state Orissa by mechanized vessels defying a fishing ban on one of the world’s largest turtle sanctuaries, Gahirmatha. While the government said "no more than 800" were killed since November last year, environmentalists counter that the casualty count of these tiny turtles is actually 5,000. The problem illustrates the situation that confronts Orissa and other...

Larry Summers, the recently departed Chairman of US President Barack Obama’s National Economic Council, posed the following question before his trip to India last November: “What is the self-perception of the Congress as a political party?” In fact, this broad question provokes three specific ones in the domain of economics. Is the Congress the party of Jagdish Bhagwati or Amartya Sen; Nehru or Indira Gandhi; or Aruna Roy or Nandan...

The Chief Minister Shivraj Singh Chouhan has said that Madhya Pradesh has maximum number of pro-poor schemes. The state is spending fifty percent of its budget for poverty alleviation. A provision of Rs. 15 crore has been made for organizing Antyodaya Melas so that the poor families get benefits at one place. He was addressing a function at Jamboori ground here today. The Chief Minister Shivraj Singh Chouhan was weighed...

A shift from the traditional rice-wheat cycle and linking farmers directly to the market can end the current stagnation in farm sector, according to the Economic Survey 2010-11 tabled in the Parliament on Friday.The survey stated that capital investment were required not only for farm productivity but also to create adequate infrastructure for transport, storage and distribution of agricultural produce. The stagnation is evident from the fact that whereas overall GDP...