-The Hindu Kochi: An artificial scarcity of drugs looms large with the new drug pricing regime, slashing prices for 348 essential drugs, set to prevail from July 29. Many retailers who stock medicines for a week are not picking up medicines and are keeping a minimum inventory. Some retailers said distributors were not making medicines available. It has sent medical retail stores into a tizzy about the fate of already available stocks. J.S....
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Onion prices at two and a half year high
-PTI NEW DELHI: Onion prices jumped to two and a half year high of Rs 24 per kg due to tight supply and strong Ramzan demand. Wholesale rates at Maharashtra's Lasalgoan, the Asia's biggest wholesale market for onion, soared almost five times higher than levels at the same time last year, stoking fears of retail prices rocketing across the country. Retail prices of onion in Delhi ranged between Rs 30 and 35 per...
More »The Food Security Debate in India -Jean Drèze
-The New York Times Blog The right to food is finally becoming a lively political issue in India. Aware of the forthcoming national elections in 2014, political parties are competing to demonstrate - or at least proclaim - their commitment to food security. In a country where endemic undernutrition has been accepted for too long as natural, this is a breakthrough of sorts. The rhetoric, however, is not always matched by understanding...
More »India's food security bill: an inadequate remedy?-Ravi S Jha
-The Guardian A landmark bill to make the right to food a legal entitlement is mired in controversy over its failure to address a flawed public food distribution system, misplaced priorities and exclusions India has an over abundance of food grains stocked in warehouses, yet millions of India's poor are left without food. Development practitioners and NGOs are in favour of disbanding the current food security system, the public distribution system (PDS),...
More »Grain stocking policy needs prompt overhaul
-The Economic Times It is scandalous that inflation in cereals remains above 17 per cent even as food grain stocks with the Centre are close to 80 million tonnes. The Committee on Agricultural Costs and Prices (CACP) paper estimates that the buffer stocking requirement would go up, thanks to the Food Security law, but not higher than 41.5 million as of July 1. The rest is excess. The government must sell off...
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