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July inflation accelerates to 5.79%: Government

-PTI NEW DELHI: Rising prices of onions and other vegetables pushed inflation to a five-month high of 5.79 per cent in July even as the government and RBI battled to stabilise the rupee. Inflation based on the Wholesale Price Index (WPI) was at 4.86 per cent in June. In July 2012, it was 7.52 per cent. The July number is above the Reserve Bank's comfort level of 4-5 per cent inflation. This is...

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Runaway food prices highlight the need to unshackle the farm sector

-The Times of India Why isn't aam admi smiling? The question's relevant, since some cheer's apparent in government circles over wholesale price index-based inflation falling to 6.62% in January. Headline inflation, it's said, will drop further by March-end. To common people, the WPI inflation figure's a meaningless number. If WPI inflation's dipped a fourth successive month, food prices have been riding high for far longer. Policymakers periodically recommend release of foodgrains from...

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Centre to conduct study on RTI Act, gauge its implementation

-PTI The Centre has decided to conduct a study on RTI Act to assess its implementation across the country and find ways to address bottlenecks faced by various stakeholders. The study will analyse public perception about the extent of reduction in corruption as a result of the functioning of the RTI Act and to calculate cost to the government in providing information under the transparency law among others. Besides, it will determine the...

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Centre to Conduct Study on RTI Act, Assess Implementation

-Outlook The Centre has decided to conduct a study on RTI Act to assess its implementation across the country and find ways to address bottlenecks faced by various stakeholders. The study will analyse public perception about the extent of reduction in corruption as a result of the functioning of the RTI Act and to calculate cost to the government in providing information under the transparency law among others. Besides, it will determine the...

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'Free electricity for farmers is hurting development, not helping it– including farmers themselves'-Lalit Jalan

-The Economic Times There has been a change of guard at the power ministry and Jyotiraditya Scindia, the new man in charge, has described his task as daunting. To simplify the many complexities, it's worth keeping in mind an adage that's particularly apt for rural India: Nothing is more expensive than no power. While on one hand there are thousands of villages that still remain to be electrified, on the other even...

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