-The Business Standard Does the Indian government's loud voice in international negotiations lead to results? At the recent Word Trade Organisation (WTO) meet in Bali, the Indian government went, with all guns blazing, to defend the rights of the country's farmers and to secure food security for millions of poor people. It opposed the Agreement on Agriculture, which limits government food procurement to 10 per cent of the value of total...
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Cereal offenders -Ila Patnaik
-The Indian Express Food inflation owes largely to agricultural markets being regulated by outdated laws. The RBI governor, Raghuram Rajan, has a difficult task this week. He has to decide whether to keep interest rates constant or raise them - bearing in mind the possible taper of the US Fed's bond buying programme, a decline in Industrial Production and a rise in inflation. The sharp increase in consumer price-based inflation, to more...
More »Inflation at 14-Month High, Food Prices Rise by 20%
-Outlook Costly vegetables, particularly potato and onion, pushed the November wholesale inflation to a 14-month high of 7.52 per cent, making it difficult for the Reserve Bank to ease key policy rate. Vegetable prices shot up by 95.25 per cent in November as compared to 78.38 per cent in the previous month, said the Wholesale Price Index (WPI) inflation data released today. The overall inflation in the food segment comprising wheat, pulses, vegetables,...
More »Retail inflation refuses to ease, rises to 11.24% in Nov-Indivjal Dhasmana
-The Business Standard Inflationary figures could also desist RBI from easing its monetary stance to perk up economic growth The retail price index-based inflation jumped to an all-time high of 11.24%, driven by high vegetable prices, official data showed today. The inflation stood at 10.09% in October, entering double digits for the first time in six months. The surging prices of essential commodities were an important issue in the...
More »Even before swearing-in, government pushing forward with continuing halted flagship scheme -Adam Halliday
-The Indian Express Aizawl: With the Congress set to form a government for the second consecutive term, the Mizoram government is wasting no time in continuing it's flagship beneficiary scheme beginning with a high-level meeting on Friday to decide on land-use conversion and teams scheduled to visit sites earmarked for infrastructure projects. The NLUP implementing board is scheduled to have a meeting headed by Chief Secretary on Friday, a day before state...
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