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Chaudhuri committee on WPI facing difficulties with Producer Price Index-Nayanima Basu & Sanjeeb Mukherjee

-The Business Standard Deadline extended by three months to March 31 for submitting report After a push from the Prime Minister's Office (PMO), a committee headed by Planning Commission member Saumitra Chaudhuri seems to be giving its full attention in moving towards Producers Price Index (PPI) that will give accurate calculation of movement of inflation. To help the panel finish its task, the government has extended its deadline by...

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Sorghum and Pearl Millet Economy of India Future Outlook and Options -N Nagaraj, G Basavaraj, P Parthasarathy Rao, Cynthia Bantilan and Surajit Haldar

-Economic and Political Weekly   Coarse cereals such as pearl millet and sorghum, the hardiest and least risky cereals, are mainly grown in India's arid and semi-arid regions. These crops possess high nutritive and fodder value and are primarily consumed by their producers. On the supply side, there has been a large shift in the area under cultivation to rice and wheat and other commercial crops. On the demand side, the distribution...

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Land acquisition Act to come into effect from January 1 -Ruhi Tewari

-The Indian Express The UPA government's ambitious Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act was notified on Tuesday, and will come into effect from January 1 next year. The rules to the Act, however, are yet to finalised. The Act, which replaces the Land Acquisition Act, 1894, has sought to correct the low rates of compensation under the old Act by providing compensation of up to...

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No rethink on subsidised LPG: Moily

-The Business Standard Oil minister says Parikh report sound but government has to take realities into account; to proceed with Direct Benefits Transfer in 291 districts from January despite SC order Union petroleum minister M Veerappa Moily said there'd be no raising of the present cap on the number of subsidised cooking gas (LPG) cylinders a household was entitled to in a year. In the wake of severe electoral reverses for the ruling...

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After four days of intense negotiations, India has its way at WTO-Sidhartha

-The Times of India   BALI: After four days of intense negotiations, World Trade Organization members are set to accept the government's demand on food security that will protect India and other developing countries from penalties for breaching the domestic support cap of 10% of value of production. In return, the government agreed to a new agreement on trade facilitation, the first since WTO was set up nearly two decades ago, that...

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