-IANS A small sugarcane farmer in western Maharashtra, Bhau Kadam (name changed) and his family, own about three hectares of land. He has two sons who are both graduates and work in Pune. When I asked him why he did not make his sons farmers, he says that farming is hard work, is non-remunerative and it is difficult to get labour. Besides he also thinks that farming is not glamorous, a farmer's...
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Index Numbers of Wholesale Price in India (Base: 2004-05=100) Review for the month of September, 2013
-Press Information Bureau The official Wholesale Price Index for ‘All Commodities' (Base: 2004-05 = 100) for the month of September, 2013 rose by 1.2 percent to 179.7 (provisional) from 177.5 (provisional) for the previous month. INFLATION The annual rate of inflation, based on monthly WPI, stood at 6.46% (provisional) for the month of September, 2013 (over September, 2012) as compared to 6.10% (provisional) for the previous month and 8.07% during the corresponding month...
More »Making Sense of Persistently High Inflation in India-Sthanu R Nair
-Economic and Political Weekly The rising prices of two product groups - primary articles and fuel - have been responsible for the build-up in headline inflation between December 2009 and August 2013. The most worrisome aspect is the high inflation in a majority of food articles in the last six years or so despite a favourable domestic food supply situation and low global food prices. Based on the analysis of the...
More »Marginal rise in middle and high-end rail passenger fares-K Balchand
-The Hindu Monthly season tickets and passengers in suburban trains exempted from hike While exempting almost half of its passengers from additional burden, the railways have increased fares by roughly 2 per cent to offset increased fuel expenditure. However, those travelling in Duronto will have to pay as much as Rajdhani passengers with effect from Monday. The railways have also increased freight charges by 1.7 per cent across the board from next Thursday. With...
More »Direct cash transfers: 'The previous system was so much more convenient' -Ruhi Tewari
-The Indian Express Rajasthan/ Delhi: Three states where the UPA govt has rolled out direct cash transfers go to polls later this year. On the ground, the scheme has not quite turned out the game-changer the government reckoned it would. A frail Gori Sahaab, 90, instructs his son to pour mustard oil into a tiny diya in his one-room house. He once used a kerosene lamp but has stopped buying that fuel....
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