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LPG price hike, rollback within hours

-The Times of India Within hours of raising cooking gas prices, the government late on Thursday asked oil marketing companies to put on hold the Rs 26.50 hike, calling into question the seriousness of the deregulation plan and casting a doubt over the UPA's commitment to fiscal reforms. The U-turn came after a volley of protests by the opposition and days before Himachal Pradesh goes to polls, with Gujarat elections to follow....

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Relief for consumers? Government may review cap on subsidised LPG cylinder-Rajeev Jayaswal

-The Economic Times There is a ray of hope for consumers facing difficulties in getting timely delivery of cooking gas cylinders as the oil ministry may increase the supply of subsidised LPG cylinders and iron out glitches in the supply system to calm tempers ahead of crucial assembly elections. The new oil minister, M Veerappa Moily, discussed the matter with top executives of state oil firms and senior bureaucrats on Tuesday, government...

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Rural India Spending High Amount on Protein Food: Crisil

-Outlook Rising income levels in rural areas have led to an unprecedented demand for protein-based food items, leading to sustained pressure in headline inflation, says a Crisil report. "Rising incomes in rural areas are fuelling greater spends on protein products such as milk, eggs and meat in the hinterland. Overall spending in the country on protein food doubled to Rs 2 lakh crore in 2009-10 from 2004-05. Two-thirds, or Rs 1.33 trillion,...

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Let The People Choose -Renana Jhabvala

-The Times of India Everyone agrees that India needs to deliver social protection to the aam admi; the forthcoming Food Security Bill is one such attempt. Everyone also agrees that the government service delivery pipelines are riddled with leakages and largescale corruption. Direct cash transfers have been proposed as a way to remedy this defective system. However, as could be expected, the debate has become polarised, with one side believing that cash...

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A sobering report on hunger

-The Hindu One in eight people, or 12.5 per cent of the world’s population, is chronically undernourished today says the latest State of Food Insecurity (SOFI) report. The grave ethical and practical implications of this abominable statistic from the three Rome-based United Nations agencies are obvious. Not least because mass hunger is a man-made phenomenon. Historically, hunger and starvation have been caused not by shortfalls in food production but rather by...

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