During an informal chat, economist Abhirup Sarkar explained in a layperson's terms why the prices in India are escalating so fast.
Rajasthan Chief Minister Ashok Gehlot on Tuesday said his government will bring a bill against the Centre's farm laws on the lines of Punjab.
"The prime minister should either bring down prices or leave his chair," Yadav told reporters.
The CII has suggested a 5-point agenda on the measures that need to be undertaken by central and state governments to stave off the adverse effects of a deficient monsoon. Let's find out what this agenda is. . .
Regarding the impact of drought on economy, he said, the growth rate could slip to 6-6.5 per cent from 6.7 per cent in the previous fiscal. Stressing that the government should ensure that imported pulses reach the targeted people, Rangarajan said, there is a need to strengthen the public distribution system.
National security advisor Ajit Doval on Thursday said the new areas of warfare have shifted from territorial frontiers to civil societies, adding that factors like people's health, their sense of well-being and security, and their perception of government impact the will of a nation.
Hours after the Centre decided to send security forces to remove the 65-day-old blockade of the two national highways causing severe shortage of essential commodities in Manipur, the Naga groups announced temporary suspension of their stir from Tuesday.
Centre will send forces to remove blockade of national highway passing through Nagaland, said Home Secretary G K Pillai on Monday.
The tax proposals are expected to mobilise an additional revenue of Rs. 1,000 crore.
Calling for public cooperation to the government's efforts to stem the spread of the virus, Stalin urged people to follow due protocol like social distancing and wearing of masks.
A three member delegation of Bhartiya Janata Party headed by Prakash Javadekar called on the union Home Minister P Chidambaram on Friday evening and demanded that the government should take immediate steps to end the blockade of National Highway 39 by the Naga students so that the supplies of the essential commodities reach the people of Manipur.
The regulator is now probing 24 hospitals, including Max Hospital in New Delhi and Lilavati in Mumbai, for allegedly overcharging patients for stents
The issues listed by Gandhi include Centre-state relations, rise in cases of communal tension, border transgressions by China and the demand for a joint parliamentary committee (JPC) to investigate the transactions of the Adani business group in light of several revelations.
In a statement released in New Delhi, Gadkari said: "I personally apologise on behalf of the BJP to the people of Delhi for the inconvenience caused to them due to traffic disruptions during the rally."
Here are the 10 key issues likely to be the centre of discussion in the seven-phase general elections that begin on April 19.
The curfew in Hyderabad was relaxed for the first time on Thursday morning, in parts of the old city which witnessed communal clashes that left two persons dead since Saturday. The restrictions were eased to allow people to buy essential commodities under the limits of Charminar, Hussainialam, Kamatipura, Kalapathar, Bahadurpura, Madannapet, Santoshnagar, Kanchanbagh and Bhavaninagar police stations.
The Maharashtra government on Friday announced a series of measures to combat inflation. These include making available essential commodities like pulses, edible oil and grains at concessional rates and allowing direct sale of farm produce to consumers, bypassing the Agriculture Produce Market Committee.
We asked around people from every walk of life and culled their reactions on the present price rise.
The common man's main grouse is high inflation numbers. But there are other anomalies as well that need to be addressed.
Addressing the first annual conference of the chief secretaries, Singh reaffirmed Centre's commitment to assist States in everyway it can.
The meeting will be chaired by Prime Minister Manmohan Singh, official sources said in New Delhi.
Blaming Union Agriculture Minister Sharad Pawar for the unprecedented rise in price of food and other essential commodities, Uttar Pradesh Chief Minister Mayawati on Wednesday demanded his immediate removal from the post.
brass led by L K Advani on Wednesday submitted a memorandum on rising prices of sugar and essential commodities to Prime Minister Manmohan Singh who assured that the government would take appropriate steps to keep a check on it. Besides Advani, party president Nitin Gadkari, senior BJP leaders Sushma Swaraj, Arun Jaitley, Rajnath Singh, S S Ahluwalia, Ananth Kumar were also part of the delegation.
Coming down heavily on the Centre for rise in prices of essential commodities, Bihar Chief Minister Nitish Kumar on Thursday said Prime Minister Manmohan Singh's announcement to convene a meeting on the issue was like "starting digging a well to extinguish the fire".
The sugar industry is all set to challenge the recent amendment to the Essential Commodities Act, which seeks to introduce a fair and remunerative price (FRP) for sugarcane, besides absolving the government of a Rs 14,000-crore levy price obligation arising out of several court rulings.
Days after their passage in the Lok Sabha, Tomar introduced the Farmer's Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020, and the Farmers (Empowerment and Protection) Agreement of Price Assurance and Farm Services Bill, 2020 in the Rajya Sabha.
Prime Minister Modi has certainly pulled back, and his political capital -- dependent as it is on an image that he knows best and never retreats -- may have taken a bit of a beating. But, equally, it is hard to say that the protesters have 'won', argues Mihir S Sharma.
Automaker Toyota Kirloskar Motor (TKM) on Tuesday said it will increase prices of its entire model range by up to 2 per cent with effect from October 1 in order to partially offset the impact of rise in input costs. The company, which is a joint venture between Japan's Toyota Motor Company and Kirloskar Group, sells a range of vehicles including Innova Crysta and Fortuner in the domestic market. The company will realign the prices of its models, with effect from October 1, 2021, TKM said in a statement.
The Reserve Bank of India is highly concerned with soaring inflation and the crushing impact of the weight of rising prices of food items and other essential commodities on the common man.
The Rajya Sabha proceeding washed out completely on Wednesday and was adjourned for the day amid continued protest by the Opposition parties led by the Congress over price rise and levy of Goods and Services Tax (GST) on daily essentials.
The Left Front and the Bharatiya Janata Party have joined hands to call for a nationwide 12-hour strike on Monday to protest the astronomical rise in prices of essential commodities and fuel.
Curfew was lifted on Friday from Jammu and Kashmir's Sopore town, which witnessed mob violence last week, following an improvement in the situation.
How effective are strikes to solve an issue as vexing as this? Aren't strikes a bane for a nation already reeling under a heavy dose of inflation?
In view of the severe drought and growing prices of essential commodities, Prime Minister Manmohan Singh has constituted a crisis management group of Ministers (GoM) for monitoring the situation on a day-to-day basis.
Dr Singh asked the student delegation to lift the blockade of National Highway No: 39 to facilitate the movement of essential commodities to Manipur, where the prices have soared beyond the reach of citizens. For example, rice is priced at Rs 100 per kg, while cooking gas cylinders are being sold between Rs 1500 and Rs 2000. Medicines too are in short supply.
The drop in inflation, which is still not in comfort zone, is viewed as a breather for the government grappling with high price rise of essential commodities.
As common people grope for means to counter the ever-increasing prices of essential commodities, the economists and financial analysts fear that the recent hike in fuel prices would soon push inflation past 9 per cent. In an interview to rediff.com's special correspondent A Ganesh Nadar, Economic advisor to the Tata group Siddhartha Roy, shared his thoughts on the vexing issue of India's inflation.
The Budget day is generally awaited by the aam aadmi in the hope that the amendments will mean more money for him.
Admitting that rising prices of essential commodities like pulses and edible oils have affected the common people, government said on Friday that measures already initiated will be intensified to ease the situation.
The opposition's uproar over rising prices of essential commodities paralysed the proceedings in Parliament on Tuesday, with the Rajya Sabha adjourning for the day at noon and the Lok Sabha witnessing two adjournments.
