Global foodgrain prices are likely to remain high in the coming months despite high output estimates this season. Bad weather in Brazil and Russia and rising global demand have made the grain market sensitive. The assessment of the damage due to dry weather in Russia, Western Australia and South America and floods in India, China and Pakistan is yet to be done. This is offering grain traders speculative opportunity on futures...
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Information as a right by N Bhaskara Rao
Five years after the enactment of the Right to Information Act, awareness of the law, its provisions and potential appears to be very low. Marking the completion of five years, in September 2010, of the enactment of the Right to Information Act, the Central Information Commission (CIC) held the fifth annual convention on “RTI: Challenges and Opportunities,” in New Delhi on September 13 and 14. It was largely a gathering of...
More »Govt cuts PDS foodgrain price after SC rap by Anindita Dey
In response to the Supreme Court order on rotting foodgrain, the Centre has decided to distribute wheat and rice to poor families at Rs 2 and Rs 3 per kilo, respectively. The Ministry of Food and Public Distribution System is also expected to brief the apex court on the steps taken to address the problem. In a letter to all states, the Centre has urged the state PDS machinery to distribute...
More »MGNREGA: Mixed success so far
Mahatma Gandhi National Rural Employment Guarantee Scheme (MG-NREGA) has been in news mainly due to corruption or inefficiency. The country has spent close to Rs 40,000 crore this fiscal but a large number of urban middle class people and opinion leaders don’t know what to make of it. Cynicism apart, the rights-based scheme has proved to be a game-changer in rural India despite mixed success. The scheme has been relatively...
More »BPL families in Maharashtra to get 9 kg extra grains by Vinaya Deshpande
The ripple effects of the storm caused over the rotting food grains will now benefit 70 lakh Below Poverty Line (BPL) card-holders in Maharashtra. The State government has announced that the BPL quota has been increased from 35 kg to 44 kg per card a month for the period between September 2010 and February 2011. “The Central government has sanctioned the decision and has made a provision of Rs. 125 crore for...
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