With the Union government refusing to play Santa Claus and regulate market forces, the merciless rise in onion prices threatens to mar Christmas, New Year and Makar Sankrantri festivities. With several markets reporting a further rise in prices to about Rs.85 a kg, Prime Minister Manmohan Singh intervened, by directing the Ministries of Agriculture and Consumer Affairs to take steps to bring its prices to affordable levels. According to sources, the Prime...
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Onions to sting till March by Zia Haq
Retail prices of onions continued to remain high on Tuesday even as a ban on exports led to a 30% fall in wholesale rates. The government, however, cautioned that retail prices would fall from current exorbitant levels (of Rs 75-80 per kg) only after three weeks. But prices are expected to return to the last month's reasonable levels (Rs 20-25 per kg) across the country only in March, when the...
More »CBI grills Radia, ‘lobbyist didn’t reveal much’
Lobbyist Niira Radia , who’s in the eye of major storm over her taped telephonic conversations with a wide variety of people, including politicians, corporates and journalists, was on Tuesday grilled by the CBI over her alleged involvement in swinging commercial deals which smacked of a quid pro quo. A three-member CBI team subjected Radia to an intense questioning at her Chhatarpur farmhouse in south Delhi this morning. The interrogation, which...
More »Left govt pursues parallel school system, future of 18 lakh at stake
The Bengal government today pushed through a controversial bill that will empower the state panchayat department to create a parallel school education system with nearly 20,000 rural schools. The West Bengal Panchayat Board of Education Bill had fuelled widespread concern at its conception itself but the Left government bulldozed the legislation through the Assembly today in the face of a walkout by the combined Opposition. At the root of the overdrive appears...
More »PM stings Pawar with onion order
The Prime Minister’s Office has given direct orders to top officials of Sharad Pawar’s department to get cracking after the food minister said it would take “two to three weeks” for onion prices to stabilise. Sources said an annoyed Manmohan Singh has conveyed to Pawar that the time frame set by the minister is too long, especially since prices have skyrocketed within a week. Expressing deep concern over the “extraordinary price rise...
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