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Dismantling food inflation -Indira Rajaraman

-The Business Standard Of all the measures in the final Union Budget and rail Budget for 2014-15, the micro-interventions that address food inflation by dismantling supply-side barriers are the most important. They carry added significance in a year when the monsoon has been deficient in a wide swathe of the western and northern parts of the country. The promise to bring down the hold of wholesale warlords in the Agricultural Produce Marketing...

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Centre's ultimatum to Bihar for lifting backlog of foodgrains

-PTI Says there are serious deficiencies in the action plan presented by state govt for lifting foodgrains of about 700,000 tonnes meant for PDS Criticising the Bihar government for not lifting foodgrains allotted to the state for public distribution, the Centre has given it an ultimatum to complete the exercise by August 31. In a letter to Bihar Chief Minister Jitan Ram Manjhi, Union Food Minister Ram Vilas Paswan said there are "serious...

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Cong price pot versus Modi kettle

-The Telegraph The Congress today slammed the Centre for linking food inflation to increased incomes and changing diets and asked if it intended to scrap its predecessor's welfare schemes that had raised poor families' purchasing power. Ironically, Congress ministers used to cite similar reasons for the rising prices. But spokesperson Randeep Surjewala accused the government of "insulting" the people and said it was a matter of satisfaction and pride that incomes were...

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The ground beneath your feet -A Srinivas

-The Hindu Business Line That could shift if the land acquisition law is changed The real action on economic policy is set to take place outside the Budget. A major move on the cards (which Rural Development Minister Nitin Gadkari sought to downplay late last week) is to amend the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act to reduce the cost of land for industry. Is...

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Bitter sweet -Alok Sinha

-The Indian Express Healing the sugar sector and curbing inflation need brave reform. The first month of great expectations is over. But no magic is possible in such a short period of time. The treasury is scraping the bottom of the barrel, and reviving growth calls for herculean efforts to put the economy back on the rails. Meanwhile, fears of an impending failure of the monsoon have spiked inflation, which is at...

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