Planning Commission Deputy Chairman Montek Singh Ahluwalia told NDTV that he expects food inflation to come down to single digits in two to three months. He said that food inflation at 18 per cent levels is “unacceptable” and the government will take drastic steps if inflation doesn't cool in the next two months. He added that potato prices have come down sharply and vegetable prices are also coming down. Higher prices of...

Beginning 1 July, details of projects, minutes of board meetings and a whole lot else will be made public under a disclosure policy. “India’s right to information law is an inspiration for us,” says Isabel Guerrero, the Bank’s Vice-President for South Asia and one of the architects of the disclosure policy. The policy itself is new, but the process has been on, with voices like Guerrero’s within the Bank pressing...

The UPA government has betrayed its promise of inclusive growth over the years as a result of which poverty ratios have remained extremely high despite rapid economic growth, says Praful Bidwai. The new National Advisory Council must act urgently on nutritional security and public healthcare, he adds. The reconstitution of the National Advisory Council under Sonia Gandhi, announced by India’s United Progressive Alliance government, is good news. The original NAC died...

If recent indicators are anything to go by – the failure to keep food prices down, the proposed national food security Act, the failure to ensure even minimum wages to construction workers at projects for the upcoming Commonwealth Games in New Delhi, to recount a few – it seems the country has given up even the pretence of caring about its children or their crippling, unbudging state of malnutrition. Leaders,...

In an all-too-rare political consensus, India’s Central government and 10 states on Thursday decided to take a call in the following few weeks on reintroducing harsh laws that will severely punish hoarders in order to mitigate food inflation. A core committee comprising representatives of the states and the Centre, and led by Prime Minister Manmohan Singh, appointed three sub-groups to come up with a solution within 45 days. One of the...