By V.Gangadhar Like the Indian dailies, the British media is full of price rise stories. Bread, grains, provisions, butter and cheese, meat, consumer goods...you name them, the prices had gone up by nearly 25 per cent and are threatening to rise more. The average British housewife was battling to slash her domestic budget and blamed the government for all the troubles. But unlike Chidambaram, the Chancellor of the Exchequer hardly made any statements on steps to curb inflation. In the true British manner, he was following the

Though the Central government has refused to de-notify three Special Economic Zones (SEZs), the State government has still got a case to get the SEZ scrapped. The State government will have to inquire into fraudulent land allotments for SEZs and prove that transactions entered into were in contravention of law, suggested opposition leader Manohar Parrikar, while reacting to the Centre's refusal to heed the Goa government's demand on SEZs

The three special economic zones in Goa notified under Special Economic Zone Act 2005 have already been denotified by the people of Goa and therefore a bureaucratic order is meaningless and impractical, said Rajya Sabha Member of Parliament, Shantaram Naik. Reacting to the refusal by the Union Commerce Ministry to de-notify the three special economic zones, Naik said that he had no doubt that the State government will not leave the issue in wilderness and fight the battle in the interest of the people and the State.

Growth commission report offers some lessons for India

The commerce ministry in a letter to the Goa government has said that there is no provision to denotify approved and notified Special Economic Zones (SEZs). "We have received such a letter and will be taking a stand within a couple of days after thorough discussion on the issue," State Chief Secretary J P Singh said this evening. The commerce ministry's refusal to denotify three SEZs has come as a tough challenge for the state government that will now have to take stand on the issue within two weeks.

The central com merce ministry has declined the Goa government's request to denotify the three SEZ's that were granted final approval. The three SEZ's are K Raheja's SEZ at Verna, Meditab Specialities at Keri, and Peninsula Pharma at Sancoale, Goa.

As many as 1,056 houses with 3,987 people in 16 villages, are likely to vanish due to the Vodarevu and Nizampatnam port infrastructure corridor (Vanpic) project in Prakasam district which will be set up at Rs 16,000 crore. A special collector had been appointed for acquiring 9,314 acres for the Vanpic project. But Communist leaders warned that they would never accept the project.

THE government has set up a highpowered expert committee to estimate investment requirements for urban infrastructure in India for the next 12 years. The 11-member expert committee will be chaired by Isher Judge Ahluwalia, chairperson of Indian Council for Research on International Economic Relations (ICRIER).

This paper uses annual variation in temperature and precipitation over the past 50 years to examine the impact of climatic changes on economic activity throughout the world. It find three primary results. First, higher temperatures substantially reduce economic growth in poor countries but have little effect in rich countries.

The Economic Governance Index (EGI) is essentially a measure of enabling environment provided by the local bodies for private enterprise and households. It is a comparative measure of the government influenced conditions under which the private enterprise and civil bodies (which affect business environment) operate.

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