What can make a real difference to food prices is determined international action to increase food production in regions that are richly endowed with land and water resources High food inflation has been the source of major concern in India for more than a year. Soaring food prices have been the cause of unease internationally as well. A Food and Agriculture Organisation (FAO) press release of 3 March, 2011 indicates that...
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CAG raps Bihar for poor financial reporting, slack control system by Shoumojit Banerjee
Massive backlog in submission of Detailed Contingent Bills 1,021 cases of misappropriation, defalcation, theft amounting to Rs. 407.97 crore as of March 2010 Large number of unfurnished utilisation certificates for grants to the tune of Rs.4,527.77 crore The pendency of Detailed Contingent (DC) Bills, once a subject of a free-for-all in the Bihar Assembly last year, has popped up again in the Comptroller and Auditor-General's report tabled in the Assembly on Wednesday. The audit...
More »NBA urges PM not to reverse order on Maheshwar dam by Gargi Parsai
Prashant Bhushan seeks CBI probe into financial irregularities Scrap power purchase agreement with State government Land acquisition orders served on 46 villages The Narmada Bachao Andolan (NBA) has urged Prime Minister Manmohan Singh not to reverse the stop-work order imposed by the Ministry of Environment and Forests on the construction of the Maheshwar dam for “non-compliance” of various norms. The dam is being built by S. Kumars group in Madhya Pradesh. Addressing a joint...
More »Wheat production to be all-time high this yr by Ashish Tripathi
Union home minister P Chidambaram may consider UP as a block in India's development but the state contributes 30% in the national food basket, whereas it constitutes 16% of the land and 18% of the population. The good news is that the food share this year is all set to increase further with wheat harvest expected to be over 300 lakh metric tonnes. UP is country's top wheat producer and this...
More »Food inflation at 9.50% y/y on March 19
Food inflation fell to a single digit at 9.5 per cent for the week ended March 19 amid easing pulses prices, even as fruits and protein-based items remained costly. Food inflation based on the wholesale price index (WPI) had risen to 10.05 per cent for the preceding week leading up to March 12 after remaining in a single digit for two weeks. During the week ended March 19, prices of...
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