Food inflation rises to 16.35%

Rise mainly driven by pulses, which became dearer by 31.55%

Food inflation rose marginally to 16.35% for the week ended 20th March mainly on account of high prices of pulses and milk. Inflation stood at a four-month low of 16.22% for the week ended 13th March, reports PTI.

The rise in food prices was mainly driven by pulses, which became dearer by 31.55%. Milk prices rose by 18.74% on a yearly basis.

On a weekly basis, the index for food articles rose by 0.6% due to higher prices of barley and milk (3% each), moong and condiments and spices (2% each), along with urad and arhar (1% each).

The overall inflation has been relentlessly rising and was at 9.89% in February, up from 8.56% in January. The rise in inflation has been mainly attributed to high food inflation and the recent hike in fuel inflation after the increase in excise and customs duty on petrol and diesel.

  • Like this story? Get our top stories by email.


    Largest-ever census operation begins

    The process will involve collecting details from a population of 1.2 billion and a National Population Register will be set up

    The biggest census ever to be attempted in human history to cover India's 1.2 billion population began today with president Pratibha Patil being the first to be enumerated in the decennial exercise.

    The 15th National Census exercise, which will see over 25 lakh officials capturing the socio-economic-cultural profile of its citizens, will also seek information for the creation of the National Population Register (NPR).

    “My appeal to all brothers and sisters of the country is to wholeheartedly take part in the preparation of the first-ever NPR. It is important for the nation as well as you,” Ms Patil said after a delegation of the census officials took down her information.

    The delegation included registrar-general and census commissioner C Chandramouli and deputy director-general, NPR, S K Chakraborty.

    Union home minister P Chidambaram, who was also present at the Rashtrapati Bhavan said that it is the first time in human history that 1.2 billion people are being provided I-cards after being identified, counted and enumerated.

    “This exercise must succeed and will succeed. We will leave no stone unturned to visit every village, every habitation in the country,” he said, appealing to civil society, teachers, parents and authorities to take part in this exercise.

    The census operation would cost around Rs2,209 crore while the approved cost of the scheme for creation of the NPR is Rs3,539.24 crore.

    During the mammoth exercise, the enumerators for the first time will collect information like ownership of mobile phones, computers, internet, and those parts having treated or untreated drinking water facilities.

    The enumerators will also seek additional information like name, age, sex, date of birth, besides other details, for the creation of the NPR.

    The government has made it clear that no information will be collected on castes as no caste-based census has ever been conducted in independent India.

    “We will fill a separate form and give each covered under the census a receipt which will have a number. Once all the information is digitalised, we will hold designated camps across the country where one can give fingerprints of 10 fingers and photograph by showing their receipt,” Mr Chakraborty said.

    He said that the fingerprints would be then passed on to the Unique Identification Authority of India, who after checking for re-duplication will assign a 16-digit unique number to each which will then be part of the NPR card to be issued.

    Asked by when the first NPR card would roll out, he said it would be done by 2011 end. The fingerprints and photographs will help the government formulate plans and strengthen the country's security.

    The NPR will bring the entire population of the country under one database.

    Explaining the census procedures, Mr Chandramouli said that it would be conducted in two phases. The first phase, called the ‘House listing and Housing Census’, will be conducted between April and July, depending on the convenience of different States and Union territories.

    This exercise is to be conducted over a period of 45 days in each state or Union territory, he said.

    The second phase, called the ‘Population Enumeration Phase’, will be conducted simultaneously all over the country from 9th February to 28th February (2011), and the entire exercise would be completed by 5 March 2011.

    The Census would cover all 640 districts, 5,767 tehsils, 7,742 towns and more than six lakh villages. More than 24 crore households will be visited and 1.20 billion people enumerated during this exercise.

  • Like this story? Get our top stories by email.


    L&T, Rolls-Royce in pact for light water reactors

    The two companies have agreed to collaborate on areas including nuclear instrumentation and controls, engineered products and systems, reactor components, engineering services, in-service reactor support and waste management

    Larsen & Toubro (L&T) and Rolls-Royce have inked a memorandum of understanding (MoU) for co-operation to effectively address the projected need for light water reactors (LWR) in India and overseas, reports PTI.

    LWR technology is in use in over 60% of civil nuclear power plants operating world-wide.

    L&T is an engineering and construction company and Rolls-Royce is a global power systems firm. The two companies have agreed to collaborate on areas including nuclear instrumentation and controls, engineered products and systems, reactor components, engineering services, in-service reactor support and waste management, a press release said today.

    The agreement between Rolls-Royce and L&T follows the recent bilateral Civil Nuclear Co-operation Declaration by the Indian and UK governments, which enables UK and Indian industries to engage in civil nuclear commerce, the release said. .
    “The agreement brings together rich experience and will effectively leverage the strengths of both the companies to tap rapidly emerging opportunities in India, the UK and the rest of world,” L&T's senior executive vice-president and Board member, MV Kotwal, said.

    The co-operation with L&T for instrumentation and controls will form the first operational phase of this relationship to bridge the gap in the existing supply-chain in support of India's ambitious new build programme, it said.

    “India is a key strategic market for Rolls-Royce and I am very pleased that we are working with Larsen & Toubro,” said Lawrie Haynes, president (nuclear), Rolls-Royce.

  • Like this story? Get our top stories by email.


    We are listening!

    Solve the equation and enter in the Captcha field.

    To continue

    Sign Up or Sign In


    To continue

    Sign Up or Sign In



    online financial advisory
    Pathbreakers 1 & Pathbreakers 2 contain deep insights, unknown facts and captivating events in the life of 51 top achievers, in their own words.
    online financia advisory
    The Scam
    24 Year Of The Scam: The Perennial Bestseller, reads like a Thriller!
    Moneylife Online Magazine
    Fiercely independent and pro-consumer information on personal finance
    financial magazines online
    Stockletters in 3 Flavours
    Outstanding research that beats mutual funds year after year
    financial magazines in india
    MAS: Complete Online Financial Advisory
    (Includes Moneylife Online Magazine)
    FREE: Your Complete Family Record Book
    Keep all the Personal and Financial Details of You & Your Family. In One Place So That`s Its Easy for Anyone to Find Anytime
    We promise not to share your email id with anyone