The Opposition members said that despite adequate availability of essential commodities, inflation was still high and government has failed to check the price line. Initiating a debate in the Lok Sabha on rise in prices of essential commodities, Rajiv Ranjan Singh Lalan (Janata Dal-United) said 85 crore (850 million) people in India were below the poverty line and despite this the government was not interested in checking inflation.
'Our target will come from rural areas as there are more outlets there.'
This after most of the Opposition including the Congress, Left parties, the Trinamool Congress, the Samajwadi Party and the Nationalist Congress Party decided to boycott House proceedings in protest against the suspension of eight MPs for the remainder of the session for unruly behaviour.
Industry associations and companies in the United States, including the US Chamber of Commerce, Coalition of Services Industries and the iconic bike company Harley Davidson have called on the Donald Trump dispensation to push India to reduce tariffs, non-tariffs, and regulatory barriers to boost American exports.
Women are on a sit-in at Chikim village, around 3 km from Tengnoupal district's Moreh, a Kuki majority town.
Prices of various car models -- ranging from entry-level hatchbacks to high-end luxury offerings -- are set to rise as automakers have announced price hikes with effect from January. Carmakers cite an increase in input costs and operational expenses as the main reason to implement price increases from the next month. Industry experts, however, note that the exercise is also undertaken by automakers every year in December to shore up sales volume in the last month of the year, as customers postpone buyouts to later months to get the new year manufactured units.
Acentral panel directed authorities to ban the plying of 4-wheeled diesel LMVs in Delhi and adjoining NCR districts and the entry of trucks into the capital.
The revenue growth of Indian companies for the July-September quarter is estimated to be 5-7 per cent year-on-year (Y-o-Y), marking the slowest growth in 16 quarters, rating agency CRISIL said on Thursday.
After a gap of more than 13 years, the National Commodity and Derivatives Exchange (NCDEX) is all set to launch a futures contract in groundnut (in shell) to fill a void in oilseeds complex futures because of a ban in several high-volume commodities.
The new bill will now be introduced in the Lok Sabha for passage in the upcoming Winter session of Parliament beginning November 29.
Soren, addressing a rally in Bhognadih on the occasion of 'Hul Diwas', also claimed that the saffron party has turned 'jittery' after his release from jail and its leaders are 'conspiring' against him again.
'While my generation carries with it the memory of the Chinese perfidy of 1962, this generation will carry the memory of Chinese perfidy in Galwan.'
Union Finance Minister Nirmala Sitharaman on Tuesday said the mass consumption items such as pulses, wheat, rice, flour, and curd will not attract the 5 per cent goods and services tax (GST) when sold loose, and not pre-packed or pre-labelled. The clarification came amid protests and widespread criticism by Opposition Members of Parliament over foisting GST on daily-use essentials and subsequent price rise. The all-powerful GST Council, chaired by the Union minister, had last month decided to impose GST on some mass consumption items to simplify the rate structure, which came into effect on Monday.
'The government is saying that essential commodities are exempted, but on the ground there is no competent officer from the government who can say which is an essential commodity and which is not.'
The Congress on Saturday resolved to make the Indian National Developmental Inclusive Alliance (INDIA) an 'ideological and electoral success' to free the country from 'divisive politics' and ensure that people get a government that is sensitive and accountable.
All India Motor Transport Congress had given a call to boycott supplies to Goa from Thursday onwards.
Be prepared to pay to Mumbai's Dabbawala's.
After his statement, opposition leaders will speak and if required Singh may give a clarification, the sources said.
Blockades on two vital national highways in land-locked Manipur in the last few days have made people begin to feel the pinch with prices of essential commodities going up and petrol pumps closing down.
Chanting anti-government slogans, hundreds of supporters of Left parties on Friday held a demonstration here protesting the rising prices of essential commodities.
Currently, middlemen are fully exploiting the situation along with some concerned authorities and earning huge profits by increasing the prices arbitrarily and artificially on the basis of speculation.
The state government, however, relaxed the curfew in Imphal East and West districts for seven hours from 5 am to facilitate common people to purchase essential items, officials said.
After Pawar's remark on Sunday that policy decisions are collectively made by the Cabinet, including the prime minister, Congress said on Monday the agriculture ministry headed by him should work proactively with states to lower prices of essential commodities.
The government's annual Economic Survey on Friday strongly defended new farm laws, saying they herald a new era of market freedom which can go a long way in improving lives of small and marginal farmers in India. These legislations were designed "primarily" for the benefit of "small and marginal farmers", which constitute around 85 per cent of the total number of farmers and are the biggest sufferer of the "regressive" APMC-regulated market regime, the survey said. The pre-budget document defended the farm laws in the backdrop of long-running farmers' agitation at various borders of the national capital seeking repeal of these legislations expressing concern that they are pro-corporate and could weaken government regulated mandis, also called Agriculture Produce Marketing Committees (APMCs).
As inflation surged to double digits, the Bharatiya Janata Party demanded that Prime Minister Manmohan Singh should rein in spiralling prices of essential commodities and talk less of achieving high GDP growth.
Prime Minister Manmohan Singh on Saturday said the Centre and states should not hesitate to take strong measures, including against hoarders and black marketeers, to check the spiraling prices of essential commodities in the wake of delayed and deficient monsoon."In short, the contingency plan for crops, drinking water, human and animal health, fodder, etc should be brought into operation without delay and a close watch kept on availability of foodgrains," he said.
"I am aware that many of you are concerned about the prices of certain essential commodities. To some extent, we will get some relief from the beneficial effects of our initiatives to increase agricultural output. However, we must keep in mind that global prices of basic food commodities have seen a rapid rise for a variety of factors. We do not have any control of these factors," Prime Minister Manmohan Singh said at a day-long AICC session in New Delhi.
The government noted in its order that "the right to conduct a public meeting on public roads and streets is a subject matter of regulation as Section 30 of the Police Act, 1861 itself mandates."
In the month of May wholesale price inflation entered double digits and stood at 10.16 per cent.
Here is the list of what will be opened and what will be closed in the state.
Residents grappled with stagnant water and power disruption in parts of Chennai and its suburbs on Wednesday, two days after Cyclone Michuang wreaked havoc in the metropolis and neighbouring districts, even as civic agency personnel stepped up relief and rehabilitation efforts.
The Delhi government has begun the process of "plugging the loopholes" in price control mechanism of essential commodities in the city and plans to bring in a new law, if necessary, to strengthen the system.
Hardening its stand against strike by truck operators, the government on Tuesday said the states have been asked to deal with the situation firmly, including impounding of trucks, if needed, while it has roped in the Railways to transport essential commodities on top priority.
Fast-moving consumer goods (FMCG) companies anticipate sustained volume pressures in the January-March quarter (Q4) coupled with sluggish rural growth during the period. Brokerages estimate top-line growth to be in low single digits in the quarter. Also, the late onset of winter had an impact on demand for winter products which range from moisturisers to hot beverages.
Slogans of 'Make Rahul Gandhi INC president' rent the air on Sunday as thousands of Congress supporters reached the Ramlila Maidan in New Delhi to raise their voice against price rise and unemployment.
The Communist parties warned the Congress-led United Progressive Alliance coalition not to take their support for granted. \n\n
"The WPI is not a true reflection of the burden put on the people through the rise in prices of essential commodities. It is a misnomer to use it as an index for measuring inflation," party leader Sitaram Yechury told reporters. Quoting the oft-repeated phrase 'statistics, more statistics and damned lies', he said the weightage of the basket of food items to calculate the WPI was 22 per cent as against that of steel products which was 25 per cent.
Minister of State for Food and Public Distribution Kantilal Bhuria told the Lok Sabha in a written reply that there was no immediate impact of the hike in petrol and diesel prices on essential commodities. Impact of some of the factors, including hike in prices of petrol and diesel could be felt only with a time-lag. While price of rice went up, prices of wheat, atta, chana dal, tur dal, sugar, mustard oil, vanaspati, milk & onion did not rise during the period under review.
