-The Hindu While there is reason to be proud of the progress in the production of wheat, rice, cereals and millets, the use of farmland for non-farm purposes is a cause for concern The year 2013 marks the 70th anniversary of the Bengal Famine which resulted in the death of an estimated 1.5 to 3 million children, women and men during 1942-43. A constellation of factors led to this mega-tragedy, such as...
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LPG cylinders to cost more in Uttarakhand-Shishir Prashant
-The Business Standard CM has withdran 5% VAT relief on subsidized, non-subsidized cooking gas After the centre’s decision to hike Fuel Prices through decontrol mechanism, it is virtually double jeopardy for the people in Uttarakhand with the state government withdrawing Value Added Tax (VAT) relief on the Liquefied Petroleum Gas (LPG) cylinders. In the latest decision, chief minister Vijay Bahuguna, who is heading Congress-led coalition government in the hill state, withdrew 5% VAT...
More »A committee to ‘administer’ a ‘market price’ for gas-Sunjoy Joshi
-The Hindu In his article in The Hindu (editorial page, “Making a mockery of domestic gas pricing,” January 18, 2013, Surya P. Sethi attacks the gas pricing formula proposed by the Rangarajan Committee, curiously enough, for being based on numbers from foreign markets that do not reflect the supply, demand or cost of production in India. I say “curiously” because on the exact opposite side, domestic producers are also pillorying the committee’s...
More »Don’t join retail queue but cut diesel taxes, Moily tells States-Sujay Mehdudia
-The Hindu OMCs will revise price every month until losses are wiped out The Centre is seized of some State governments’ directive to their transport undertakings (STU) to line up at retail outlets for refuelling following the removal of subsidy for bulk consumers of diesel, Petroleum Minister M. Veerappa Moily said on Friday. Talking to reporters here, Mr. Moily said he had heard that States such as Gujarat and Tamil Nadu had asked...
More »More households relying on PDS purchases: National survey
-The Hindu Business Line Dependence on the public distribution system (PDS) for buying essential commodities has gone up in recent times, according to the results of the latest household consumption survey. The National Sample Survey (NSS) 66th round, done in 2009-10, shows that consumption of rice, wheat, sugar and kerosene, sold through the PDS, rose both in urban and rural households, against the previous survey in 2004-05. The fact that the Government...
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