-The Hindu Chief medical officers of 72 districts colluded with politicians and contractors in swindling funds meant for poor patients; the CBI has filed 82 cases so far Investigations into the Rs. 9,000-crore National Rural Health Mission (NRHM) scam in Uttar Pradesh have led to the arrest of 149 persons, with the Central Bureau of Investigation arraigning 350 people as accused in 82 cases of corruption, cheating, forgery and conspiracy registered so...
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Why restrictions on stockholding and export of pulses must go -Harish Damodaran
-The Indian Express Govt must learn from mistakes in onions and potatoes, agriculture should be spared of bearing the burden of its inflation targeting. Last week, Union Commerce Minister Nirmala Sitharaman announced a 5% subsidy on onion exports in the form of transferable duty credit scrips that can be used to pay customs, excise or service tax. On top of it, the Maharashtra government extended a Rs 100 per quintal grant to...
More »How many traders does India really have? -Sachin P Mampatta
-Livemint.com Revised tax data reveals the numbers of traders to be a small proportion of the 20 million demat accounts required for trading in the stock market Revised tax data that seeks to clarify the number traders in the stock market actually raises more questions than it answers. There were 590,000 individuals who recorded short-term capital gains or losses during FY12, according to the previous tax data released in April. The maximum...
More »Food inflation to cool in August with prices of crops falling steeply amid good rains -Madhvi Sally
-The Economic Times NEW DELHI: Food inflation is poised to moderate significantly when data for August is released next month as the wholesale price of pulses has eased 30% while vegetable rates have dropped as much as 50% in some markets in the past four weeks because normal monsoon rainfall has raised prospects of a bumper harvest after two years of drought. Prices of all farm commodities are likely to fall noticeably...
More »Maharashtra: Pulses on the low as increased sowing sparks market losses -Partha Sarathi Biswas
-The Indian Express Volatility of prices has been one of the major reasons for farmers being weaned away from pulses towards sugarcane. Pune: Last year, when prices of dal had rocketed, both the state and central governments had announced several efforts to increase cultivation of pulses in the country. While the area under cultivation has seen an increase by 119 per cent, wholesale prices of the commodity has seen a dip,...
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