Is price rise going to be a permanent fixture because of India's high growth rate? This appears to be the argument put forward by the government's top economic advisers in the recently issued Economic Survey. It argues that historical experience shows that consumer prices increase faster in countries going through a fast growth phase compared to those with slower growth rates. But analysing inflation and growth data collected by the International...

The Italian phrase "lascia il tempo que trova" (it leaves the air it finds) does a better job of describing Pranab Mukherjee's budget than India's corporate media would ever dare to do. To put it mildly, the budget this year, is yet again, an utter disappointment for the food and agriculture sectors. To begin with, flagship schemes like the midday meals and the Integrated Child Development Services did not, unlike in...

The sharp rise in food prices inflation will remain a major cause of concern as inflationary pressures on the domestic front are likely to be exacerbated by higher levels of global commodity prices, the Economic Survey has said. It also indicated that the political turmoil in the Middle East and the “easy money” policy being followed by developed nations trying to jump-start their own economies after the global recession of 2008-09...

Bird flu has struck the country again. This time in the State Duck Breeding Farm in Agartala that has been ordered to cull all poultry within a radius of 3 km of the farm. The State will also impose a ban on movement of poultry and its products and order closure of all poultry egg market and outlets within a radius of 10 km. With this incidence, India has lost the...

Several species of fish unique only to the waters of Kashmir are in danger of extinction due to high levels of pollution, environmentalists say. Limnologist and professor A. R. Yousuf, a specialist in fresh water lakes and rivers, says the excessive and unchecked use of pollution-causing herbicides, pesticides and fertilizers of sub-standard quality dumped into Kashmir waters is the main threat to the survival of these fish species. Yousuf’s list of endangered...