-The Economic Times The revised, but not yet passed, National Food Security Bill (NFSB) represents a crucial political-economic approach to welfare. But how well do we understand the financial and, more importantly, distributional consequences of the revised Bill? Although the revised Bill is likely to simplify the identification of beneficiaries, financial implications will still be substantial. Calculating these implications must include not only the cost of food subsidy, but also additional costs...
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Food prices rise for second month, strong cereal crop forecast for 2013–UN agency
-The United Nations World food prices rose for a second straight month, the United Nations Food and Agriculture Organization (FAO) today said, while global production of coarse grains could set a new record this year with strong growth also projected for global wheat and rice production. FAO's Food Price Index - which measures monthly changes in international prices of a basket of meat, dairy, cereals, oils and fats, and sugar - rose...
More »CPI inflation hits 13-month low, slows to 9.39 per cent in April
-CNN-IBN New Delhi: After better than expected industrial production numbers, which came at 2.5 per cent for the month of March, inflation has also hit a 13-month low. Consumer Price Index for the month of April is at 9.39 per cent against 10.39 per cent in March. Rural inflation was also seen going down at 9.16 per cent as compared to 10.41 per cent in March. Food prices for consumers rose an...
More »Cash transfers are bad for food security-Madhavi Cherian
-The Hindu India's hard won gains in achieving food security are in danger of being undermined by a clause in the National Food Security Bill that encourages States to adopt cash transfers in lieu of food entitlements under the Public Distribution System (PDS). Supporting this view, a recent report by the Commission for Agricultural Costs and Prices (CACP) concluded that the provision of food subsidies in the form of cash would...
More »Another child dies; malnutrition death toll goes up to 35
-The Hindu ‘No steps taken to prevent such deaths in Attappady Hills' Palakkad: One more infant died at Kottathara Tribal Speciality Hospital on Thursday, taking the number of deaths owing to malnutrition in the last 16 months in the Attappady Hills in Palakkad district of Kerala to 35. The infant, weighing only 1,300 grams, was delivered during the eighth month of pregnancy. The mother was admitted in the hospital three days back...
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