Food inflation remains extraordinarily high at 17.79%. The government emphasises supply problems caused by last year’s drought, But a bigger and less reversible problem is government-led inflation through big increases in the Minimum Support Prices (MSP). The MSP for wheat and paddy rose only modestly between 2002-03 and 2005-06 , from Rs 620 to Rs 650/ quintal and from Rs 530 to Rs 570/quintal respecticely. But after that the MSP shot...

Political influence and interference hampering distribution, says court-appointed vigilance panel  Large-scale diversion of foodgrains; black marketing by fair price shop dealers All-round complicity among FPS, transporters and corrupt Civil Supplies officials The Supreme Court-appointed Central Vigilance Committee (CVC) has slammed the Public Distribution System as one of the most corrupt sectors, saying the root cause of its failure in several States is political interference. “Corruption is all pervasive in the entire chain involved...

As the de-controlled fertilizer regime comes into play from April 1, the Centre has asked the States to take steps to ensure that stocks and the Maximum Retail Price (MRP) of fertilizers are clearly displayed for the benefit of farmers. The States have also been asked to keep a strict vigil on “smuggling of fertilizers across the international border and deal sternly with diversion of fertilizers to non-agricultural uses.” This, and...

If climate change is indeed the biggest global health threat, public health professionals say that women and children in developing countries will be hit hardest. Research has shown that deep inequalities make them the most vulnerable to scarcity and disease when community sources start to shrink. “Malnutrition poses the biggest threat to children,” paediatrics professor Louis Reynolds said. “If temperature rises by 3 degrees centigrade, deaths from malnutrition will go up by...

Food inflation rose marginally to 17.87% for the week ended February 20 on the back of higher prices of milk, wheat, rice and vegetables. The figure in the previous week was at 17.58%. On an annual basis, price of rice increased 10%, wheat 14%, pulses 35%, onions 11% and potatoes 28%. Inflation in fuel, power light and lubricant group was 9.59%, slightly lower than 9.89% in the previous week. However,...