The Rajasthan government on Sunday suspended a drug inspector and an employee of the government Umaid Hospital in Jodhpur, where 13 women have died of excessive bleeding during childbirth in the past two weeks. It announced an ex gratia of Rs.5 lakh each to the next of kin of the deceased, besides blacklisting two pharmaceutical and surgical equipment firms. The decisions were taken at a high-level meeting convened at Chief Minister Ashok...
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How not to tackle the black economy in India by Arun Kumar
Technically, we know how to check the black economy but the problem is political. More studies or committees and treaties with foreign governments are only to stall action. Another Joint Parliamentary Committee has been announced. The government has been trying to create an impression of being proactive with regard to tackling the black economy. The President's address and the speech by Sonia Gandhi in January mentioned the need to curb it....
More »Food output: Demand-supply paradigm by Shashanka Bhide
The new food security schemes point to the capacity of agriculture to produce more when the incentives are right. Supply of cheap foodgrains will trigger demand for other food products, which the farm sector will have to meet. The many rural development programmes in operation have complex effects on the rural economy. Programmes such as Bharat Nirman are expected to improve connectivity of markets, provide access to more efficient sources of...
More »Food prices push millions into poverty by Howard Schneider
Rising food prices pushed tens of millions of people into extreme poverty last year and are reaching "dangerous levels" in some countries, World Bank President Robert Zoellick said Tuesday as he released new data showing that the cost of grain and other staples is near a historic high. The costs of some key commodities such as wheat have doubled in the past year, and a World Bank index of overall food...
More »Wheat Hoarding Likely to Be `Widespread,' Prompting Price Gains, UN Says by Luzi Ann Javier
Global wheat harvests may trail demand for a second year, spurring hoarding and further price gains, said the United Nations. “Whenever you get the market as tight as we are now, hoarding becomes widespread,” Abdolreza Abbassian, a senior economist at the UN Food and Agriculture Organization, said in an interview by phone from Rome. Wheat, corn and soybeans soared to the highest levels since 2008 yesterday as a U.S. government report showed...
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