-Down to Earth There are other factors for food price inflation, says the study commissioned in the wake of persistent double digit food price inflation between 2012-13 The rural job scheme, the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), which guarantees 100 days of unskilled job to rural households in a year, has been blamed by a number of economists for food price inflation. But a new study by the Reserve Bank...
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High Rural Wages Have no Bearing on Inflation -Gayathri Nayak
-The Times of India A Reserve Bank of India paper says that the UPA flagship MGNREGA or the Mahatma Gandhi National Rural Employment Guarantee Act, under which a household is assured of 100 days of wages per year in return for working on various rural development, has not actually contributed to the rise in Food Inflation as generally perceived. Incidently, the Reserve Bank was among the first to point that the...
More »WTO Talks Inconclusive, Discussion to Continue
-Outlook Geneva: With India sticking to its tough stand, efforts to break the impasse in the WTO on trade facilitation agreement and food security issues today proved futile and further consultations will continue over the week. The General Council of the World Trade Organisation (WTO), which met after a gap of over two months, could not make much headway. "I will be holding a series of meetings in a range of different configurations....
More »Worrisome Trends in Agriculture -Sruthisagar Yamunan and Ajai Sreevatsan
-The Hindu Low output and land fragmentation are critical issues, says survey Tamil Nadu: The writing on the wall for Tamil Nadu in agriculture is pretty clear, though the State's grain production during 2013-14 was good. The latest Economic Appraisal of the government has shown that Tamil Nadu needs out-of-the-box policies to tackle agriculture production and its impact on Food Inflation. The State did well in 2013-14 to bounce back from a nightmare drought...
More »India to stick to food security stand at WTO panel meet
-The Business Standard In July, India had clarified it wouldn't ratify a trade facilitation agreement until a permanent solution on food security was arrived at A day before the World Trade Organization (WTO)'s trade negotiations committee meets in Geneva, India on Wednesday said during the negotiations, it would stick to its stand on food security. Speaking to reporters here, Commerce & Industry Minister Nirmala Sitharaman said, "Our position remains intact...we will underline the...
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