If dal roti went out of reach for the aam admi in 2009, vegetables and onion prices brought tears towards the end of 2010 and with food inflation touching a high of 14.44 per cent for the week ending December 18, the New Year did not ring in any respite from high food prices. The sudden increase of Rs.3 per litre in the price of petrol in December — the sixth...
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Food retail: Next large opportunity for country wide biz
Organized retail of packed food and raw food reduces prices of food for urban citizens and pays farmers a better price for the agricultural produce. It eliminates middle men and decision making at every other level. This is not rocket science. However, politicians refuse to do away with the WWII public distribution system in order to retain power at the district level. Well, for one thing, the format of the...
More »News we can use by Rajdeep Sardesai
For the Indian media, 2010 has been almost Dickensian: it’s been the best of times, but also possibly the worst. A chief minister resigning, a Union minister stepping down, senior politicians raided: when was the last time the Indian media could claim so many ‘victories’ in a single year? Yet, just as we were rejoicing at the return of hard, uncompromising news journalism, along come the Niira Radia tapes to...
More »Improving NREGA
The Mahatma Gandhi National Rural Employment Guarantee Act (NREGA) has been hailed as a landmark initiative to alleviate poverty and generate productive wage employment, even if for only 100 days, for unskilled rural labour. Given its historic features, it is a pity that the rollout of the programme in many states has been less than satisfactory, and leakage of funds has become rampant. More worryingly, it has begun to have...
More »UP to implement agriculture insurance scheme
Showing its concern for farmers, the Mayawati government on Wednesday decided to implement the amended national agriculture insurance scheme (NAIS) and the all weather-based crop insurance scheme from the current sowing season. Both these schemes involve an expenditure of Rs 900 lakh. A decision to this effect was taken at a cabinet meeting presided over by chief minister Mayawati here on Wednesday. The NAIS, according to an official release, will be implemented...
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