Social protection has seen a sharp focus in the development policy agenda during the past decade. There is also a clear trend for making social protection, as well as food security, “rights-based”, rather than “discretionary”. Yet, no clear consensus has so far emerged concerning many basic design choices and implementation modalities. The Food Security Act 2011, which is now under the consideration of our parliament, is designed to achieve the...
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Maximum support prices
-The Business Standard MSP hikes will stoke food inflation The government’s new kharif pricing policy, suggesting a steep 16 to 53 per cent increase in the minimum support prices (MSPs) of various crops, is unlikely to fully satisfy farmers even as it will stoke food inflation and swell the food subsidy bill. Approval of the new prices by the Cabinet Committee on Economic Affairs (CCEA) came on the day that inflation numbers...
More »Delayed rainfall triggers 15-50% rise in vegetable prices-Jayashree Bhosale & Sutanuka Ghosal
PUNE/ KOLKATA: Heavy rains lashed Mumbai and parched fields in peninsular India as the monsoon resumed its journey after an agonising 11-day interruption, but the unforeseen 41% rain deficit this month has taken its toll, with vegetable prices rising sharply for the third straight month. The monsoon, almost stagnant since June 6, touched southern parts of Gujarat and Chhattisgarh on Sunday. It is forecast to gain momentum in the next three...
More »Price spike inflates worry
-The Telegraph Costlier food items carried inflation up to 7.55 per cent in May, and the price situation could get aggravated further by the government’s decision to raise the minimum support price of paddy, oil seeds and pulses. However, the Cabinet Committee of Economic Affairs (CCEA) deferred a decision to raise urea prices because of opposition by some ministries. Inflation in May last year stood at 9.56 per cent. Overall food inflation rose to...
More »RURAL URBAN DIVIDE: A TALE OF TWO INDIAS
A government report lends credence to the notion of “two Indias”, or the distinction between “India” and “Bharat” – a theme often debated in recent years. At a time when urban India is growing and policy makers have expressed clear preference for the trend, this report, by National Sample Survey Organisation (NSSO), brings India’s deep urban-rural divide into focus, showing disparities in scale and levels of expenditure and consumption and, equally...
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