-The Economic Times Food inflation in India, as measured by food articles price index, has averaged 11.3% for the period FY 2008-09 to December 2012, with a maximum of 15.6% in 2010-11 and minimum of 7.3% in 2011-12. In December 2012, wheat prices stood 23% higher than in December 2011, and rice prices 17% higher in the same period. Although this spurt in wheat and rice prices in the face of...
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Non-Congress states opposes food security bill-Rituraj Tiwari
-The Economic Times The Centre may find it difficult to build political consensus on the National Food Security Bill as several non-Congress-ruled states have expressed their opposition to the scheme. Bihar, Uttar Pradesh, Tamil Nadu and West Bengal have already expressed their dissent while Chhattisgarh has rolled out its own food security scheme. With more than 40% of the country's population residing in these five states, the Bill may not have the desired...
More »National Advisory Council to discuss cash transfer scheme -Nitin Sethi
-The Times of India National Advisory Council chairperson Sonia Gandhi has agreed to discuss the cash transfer scheme at a meeting of the UPA's think tank after some members raised concerns about its efficacy and consequences for other social security schemes run by the government, especially the National Food Security Bill. The scheme is likely to be deliberated upon at the next meeting of the council on February 26. It will also...
More »Court upholds Andhra law on microfinance-Viswanath Pilla and Dinesh Unnikrishnan
-Live Mint High court asks state to review law in light of proposed national regulations to govern the sector The Andhra Pradesh high court on Monday upheld a law that led to the near demise of the microfinance industry towards the end of 2010, but asked the state government to review the legislation in the light of proposed national regulations to govern the sector. News of the review sent the stock of the...
More »The Doctor Only Knows Economics-Lola Nayar and Amba Batra Bakshi
-Outlook This could be the UPA’s worst cut to its beloved aam admi. Healthcare has virtually been handed over to privateers. Not For Those Who Need It Most Govt seems to have abandoned healthcare to the private sector Diagnosing An Ailing Republic 70 per cent of India still lives in the villages, where only two per cent of qualified allopathic doctors are available Due to lack of access to medical care, rural India...
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