-The United Nations World food prices are steady after three months of decline with increased prices for oil and fats balancing out lower cereal and sugar prices, the United Nations Food and Agriculture Organization (FAO) today said. FAO’s Food Price Index – which measures monthly changes in international prices of a basket of meat, dairy, cereals, oils and fats, and sugar – remained at 210 points in January, same as in December. The...

-The Hindu Subsidies on cooking gas, kerosene and diesel have resulted in perverse outcomes not envisaged when they were introduced With the Aadhaar-based direct cash transfer scheme facing so many glitches in implementation, any hopes that the country’s energy sector can soon dismount the subsidy tiger it has been riding so dangerously have receded into the background. Had the Aadhaar scheme worked satisfactorily, the next logical step would have been to extend...

-The Times of India In a move to curb multi-drug resistant tuberculosis cases caused mostly because of irregular medication, the government has decided that relevant medicines will be available for free at all chemist shops and corporate hospitals. The scheme will be rolled out across the country by next March. A patient, confirmed positive for TB by a qualified doctor, simply needs to register with the Revised National Tuberculosis Control Program (RNTCP). The...

-Live Mint Decline came as labour productivity grew 7.6%; wage growth remains far below pre-crisis levels globally  India’s real wages fell 1% between 2008 and 2011, while labour productivity grew 7.6% in the same period, International Labour Organization (ILO) data showed on Friday, indicating that the benefits of the country’s economic growth didn’t translate into better pay for workers in the aftermath of the global economic crisis. In contrast, China’s real wage growth...

-Outlook Government today approved the proposal to extend the ongoing scheme for erdication of dry toilets in urban areas into the 12th Five Year Plan with revised features and cost estimates. According to the decision approved by the Cabinet Committee on Economic Affairs, Government would extend the financial support to the state governments for the Integrated Low Cost Sanitation Scheme. The estimated cost for running the programme of the Ministry of Housing and...