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Will tax hike reduce tobacco consumption in India?-R Prasad

-The Hindu   The Union Health Minister, Dr. Harsh Vardhan, recently said he "supports" higher taxes on cigarettes and other tobacco products. But even if he were to substantially increase the tax rates, will it make cigarettes and other tobacco products very expensive and hence reduce consumption? In the case of India, as per the current taxation practices, increasing the tax component is quite unlikely to reduce consumption drastically. This is unlike the...

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Exposed! How mangoes are poisoned every day at APMC market -Vinod Kumar Menon

-Mid Day   A visit to the APMC in Vashi revealed that calcium carbide - referred to as ‘carpet' by traders - which is known to cause cancer, food poisoning, nausea etc - is being used indiscriminately to ripen the fruit faster, so as to increase sales Think before you sink your teeth into those juicy, delicious mangoes. For, they could have been ripened artificially using calcium carbide, a deadly chemical that is...

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Mango farmers selling produce at roadside for better returns -Himanshu Kaushik

-The Times of India   AHMEDABAD: Consumers are having a grand time gobbling up succulent mangoes. Not just because of the fall in wholesale market price, but also because now some enterprising farmers in Saurashtra are bypassing market yards and taking their produce directly to the consumer by selling them at the roadside. Farmers say that not only do they get low prices in the market yard, but are also forced to pay...

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A full plate for Modi-Raghuvir Srinivasan

-The Hindu   Narendra Modi has to address not just the current stagnation in manufacturing but also look at ways of stimulating investments in the sector Prime Minister-designate Narendra Modi, it is said, sleeps just six hours a day. Even that could become a luxury as he buckles down to his job and begins the challenging task of turning around the economy. The economic legacy handed down to him by the United Progressive...

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WPI inflation eases to 5.2% in April-Vrishti Beniwal

-The Business Standard   Food articles inflation dips to 8.64% compared to 9.9% in March Wholesale Price Index-based Inflation fell by 0.5 percentage points to 5.2 per cent in April from 5.7 per cent in March, providing some relief to a new government amid other deteriorating macroeconomic numbers such as retail inflation and industrial output. All three major components of the index - food, fuel and manufactured goods - recorded moderation in inflation on...

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