India's annual food inflation based on wholesale prices rose to 17.4% for the week ended January 16 from 16.81% the week before, according to official statistics released on Thursday. Essential items continued to rule firm, with potatoes dearer by 57.56% over the past 52 weeks, pulses up 46.87%, and vegetables costlier by 10.5%. But prices of onions declined 1.69%. The limited data on the wholesale index released by the commerce...

The ministry of personnel has shown a surprising lack of alacrity in prosecuting errant babus In August last year, Prime Minister Manmohan Singh was keynote speaker at the annual meeting of India’s premier anti-corruption agency, the CBI. There, addressing officers of the agency and state vigilance bureaus, he made a telling remark, “Our anti-corruption agencies must make the cost of corruption unacceptably high for those indulging in this evil practice.” The prime...

It is presumed that the industrial development in Bihar is hampered by lack of investments. Is it because of 'unproductive' government policies or an unpredictable law and order situation? And how to increase the flow of investment in the state? In order to find out answers to all such questions and debate these issues, Business Standard Hindi recently organised a roundtable in Patna. The seminar was attended by various small...

SEZ have been hurt by the global downturn and contraction in demand for domestic goods and services The commerce ministry has proposed measures to make it easier for developers to exit special economic zones (SEZs) that have been struggling with a contraction in global demand for goods produced at the tax-free enclaves. Specific provisions for the denotification of SEZs have been been put up for public comments till Thursday, after which they...

As far as natural resources like minerals, land and water are concerned, Jharkhand is among the richest States of India. Yet, its people are among the poorest. Mind you, almost 30 per cent of them are tribal. Out of the total population of 288.46 lakhs, 223.1 lakhs live in rural areas and only 65.36 lakhs are urban dwellers. Even a cursory glance is sufficient to convince that most of the...