-The Hindu The government believes that the expectation of a poor monsoon and consequent fall in harvests has encouraged traders and middlemen to hoard food staples such as onion and potato. For a government that rode to power on the back of widespread dissatisfaction among people over runaway prices, especially of food commodities, the rising cost of onion and potato are posing a major challenge now. Though there is no reason to...
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PDS rice and wheat consumption has doubled in rural India: NSSO -Jitendra
-Down to Earth Reforms in public distribution system and increase in number of people covered by it could be the reasons, say experts The latest data released by the government on household consumption patterns shows a decline in rice consumption and increase in consumption of wheat since 2004. In the meantime, consumption of rice and wheat made available through the public distribution system (PDS) has increased significantly, according to the survey report...
More »Bitter sweet -Alok Sinha
-The Indian Express Healing the sugar sector and curbing inflation need brave reform. The first month of great expectations is over. But no magic is possible in such a short period of time. The treasury is scraping the bottom of the barrel, and reviving growth calls for herculean efforts to put the economy back on the rails. Meanwhile, fears of an impending failure of the monsoon have spiked inflation, which is at...
More »Assocham suggests measures to boost agriculture growth
-PTI Says some of the immediate measures are implementing APMC Act in all states Stating agriculture has the potential to take India's growth to 8% and create millions of jobs in rural areas, Assocham has suggested a slew of measures to the Government in this regard. It has suggested the NDA government to adopt an enabling policy environment, modern technology and boost supply-chain efficiency to address food inflation, encourage investment-led growth and ensure...
More »How Govt can fight food inflation -Tejinder Narang
-The Hindu Business Line Plus ça change, plus c'est la même chose (The more things change the more they remain the same ): A French proverb. In its earnest to tackle rising food inflation the new Government has taken a welcome initiative to delist fruits/ vegetables including onions (FVO) from the Agricultural Produce Marketing Committee (APMC) Act, while all other measures are as usual - short term of political expediency, repeated several...
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