The new nutrient based subsidy (NBS) regime cleared by the Union Cabinet on Thursday is likely to slash the governments subsidy bill and boost fertilizer production. But one of the major stated aims of the policy that of promoting a more balanced use of fertilizers by farmers may not be actualized unless other measures are implemented in tandem. That seems to be the view of many agriculture experts and economists,...
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Focus on farm growth, food security bill by Gargi Parsai
Surging food inflation, decline in agriculture growth rate and the impending food security bill are expected to be at the centre of the coming Union budget. With a bumper wheat harvest expected this rabi, there are projections of a turnaround in the farm sector from the present growth rate of 0.2 per cent. Food prices, which grew at an unprecedented rate of nearly 20 per cent in January, are expected...
More »Universal PDS only way to beat hunger, tackle price spiral? by Subodh Varma
Galloping food prices have shattered family budgets across the country, with latest inflation data showing that prices rose at nearly 18% in the week ending February 6. Many essentials of Indian kitchens are almost beyond reach; sugar is up by nearly 60%, pulses by 46% and potatoes by 53% over a year. In a country already suffering from chronic malnutrition and low incomes, this trend is a killer. President Pratibha...
More »NREGA schemes check villagers’ exodus to cities by Ruhi Tewari
In Danta village, 15km from Bhilwara city, 30-odd women start filing in at 8.30 am daily to resume work on building a concrete water reservoir. The women are among the 2,000 people in the village who have got work under the National Rural Employment Guarantee Act (NREGA) since the scheme, promising 100 days of work a year to one adult member of every rural family, was launched two years ago...
More »food inflation inches up to 17.97% for the week February 6
India's food inflation rose for the fourth straight week in early February, heightening worries that it was driving up headline inflation past official forecasts and increasing the chance of the central bank pushing up rates. The food price index rose 17.97 percent in the 12 months to February 6, higher than an annual rise of 17.94 percent in the previous week, data released on Thursday showed. The fuel price index rose...
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