-Hindustan Times Nearly half of what the average Indian earns she spends on food. And when food prices rise, the average Indian’s budget feels the strain. In November, the consumer food price index, which tracks food prices at retail sales points, was up 6.07% as compared to 5.25% in October. Even data relating to the Wholesale Price Index (WPI), which tracks prices of commodities when they are traded in bulk, show...
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Odd-Even Policy: A reality check -Abhirup Bhunia
-The Hindu Business Line The new travel policy in Delhi can lead to a commuting disaster if public transport is not able to absorb the surplus Currently, 56.81 lakh two-wheelers and 27.90 lakh cars and jeeps ply on Delhi’s roads, according to the official state government statistics. These figures don’t include the taxis. Which means a total of 84.71 lakh private vehicles. In most cases, one vehicle equates to one person. Let’s say...
More »The mystery behind the spurt in prices of pulses -Remya Nair
-Livemint.com Prices of pulses have been consistently on a rise for past few months, forcing the government to announce a number of measures to check hoarding New Delhi: Why are the prices of pulses rising? Will they stabilize anytime soon? The prices have been rising steadily over the last few months. Inflation in lentils stood at 46% in November, after hitting 42% in October, according to the Consumer Price Index (CPI) numbers...
More »Why Odisha’s farmers are taking their lives -Biswajit Padhi
-Civil Society Online Bhubaneswar: Laxman Goud, a 35-year-old farmer in Thakurpalli village in Komna block of Nuapada district of Odisha, used to lead a very simple life. He was a devoted follower of Mahima Dharma, a subaltern religion practised by underprivileged castes in Odisha. One morning, he took his life in desperation. He couldn’t repay Rs 19,000 he had borrowed from a local moneylender at 36 per cent interest. Goud had invested...
More »India moves up 5 places in Human Development Index rank to 130
-PTI India continued to rank low in the Human Development Index (HDI), but climbed five notches to the 130th rank in the latest UNDP report on account of rise in life expectancy and Per capita income. India ranked 130 among 188 countries in 2014 in Human Development Report 2015 released today by the United Nations Development Programme (UNDP). The country’s rank was 135 according to the 2014 report. “India’s HDI value for 2014...
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