Tuesday, January 12, 2010

Sugar prices at 29 year high

Sugar price has climbed a 29 year high and it's not just the price, the commodity is getting scarce.

It's Bihu, the biggest festival of the year in Assam but the rising sugar prices and vanishing stocks have taken the cheer out both for sweetmaker Kalita and his customers.

"Last year I purchased sugar at Rs 22 per kilogram and sold sweet packets for Rs 15. Now sugar prices have risen to Rs 50 per kilogram and shops are running out of stock .My employees are sitting without work," said Kalita.

Sugar comes to the north east from states like faraway Maharashtra mainly by train. Now the railways has put a limit on the number of rakes every week to north eastern states. Their excuse, bad weather in the north leading to congestion. The region needs at least 8 rakes of sugar a month. It is not even getting 2.

From the roadside tea corner to the first cup of tea in the morning, it is the sugar which is the essential commodity required by all, but the commodity is soon getting out of reach.

India to launch first manned spaceship in 2013

India would launch its first manned space flights by sending two astronauts in an orbit in a Russian spaceship in 2013, according to reports. For this, the Indian Space Research Organisation (ISRO) is to finance the acquisition of a Soyuz spaceship and train its astronauts by a Russian commander.

The Russian cosmonaut would lead the two-member crew on an independent space flight lasting several days, 'Voice of Russia' radio reported.

Quoting deputy chief of Russian space agency (Roskosmos) Vitaly Davidov the radio said the flight of Indian astronauts would not involve a mission to the International Space Station.