-The Financial Express Persistence of high food inflation can harden the monetary policy stance and make fiscal choices difficult Food inflation increased to 7.9% in May 2016 as against 4.23% in April. This sudden spurt in food inflation is attributed to vegetable prices, followed by pulses and sugar. Is this a short-term spike or will it be a persistent one? If it is going to be a persistent one with pass-through effects,...
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Minister rues diesel car curbs
-PTI Chakan (Pune): Environment minister Prakash Javadekar today said the court ban on 2,000cc and above diesel cars and SUVs in the National Capital Region was "not the right way". Calling it "unfortunate", he said the government was taking measures to curb pollution but the ban had resulted in vehicles with latest technologies not being allowed while old polluting vehicles were still plying. "I am very sure that courts will also appreciate that...
More »Cabinet clears Rs 6,000 crore package for textiles, apparel
-PTI The government approved on Wednesday a Rs 6,000-crore special package for textiles and apparel sector to create one crore new jobs in 3 years, attracting investments of $11 billion and generating $30 billion in exports. The measures approved include additional incentives for duty drawback scheme for garments, flexibility in labour laws to increase productivity as well as tax and production incentives for job creation in garment manufacturing. “Over the last few years, apparel...
More »A River Comes to the People -Manu Moudgil
-TheWire.in/ India Water Portal Nanduwali in east Rajasthan started flowing again when the villagers decided to work with nature and not against it. The river is now lifeline to those settled on her banks. Gajanand Sharma is excited about the monsoon this year. He is building an anicut on the small stream that runs through his farm. “After the rain, the land will be filled with water and then I will sow...
More »Stays delay court cases by up to 6.5 yrs: Study -Pradeep Thakur
-The Times of India NEW DELHI: Stays on proceedings ordered by high courts and the Supreme Court delay trial by up to 6.5 years, according to a study by the law ministry. Significantly, the average life of a case is 10-15 years. In effect, a case remains in limbo for 50% of its life span because of stays granted by the higher judiciary. The study, which covered the Madhya Pradesh, Rajasthan, Gujarat...
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