-Outlook To protect BPL families from possible price rise, the Cabinet Committee on Economic Affairs (CCEA) today gave its approval for selling imported pulses and edible oil at subsidised rates through ration shops. The CCEA also approved an outlay of Rs 884 crore for computerisation of public distribution system (PDS) that is aimed at, among other things, elimination of bogus ration cards. Announcing the decisions, Finance Minister P Chidambaram said, "The CCEA today...
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FDI in retail must be measured by benefits for consumer & economy, not just for farmers
-The Economic Times The recent decision of the government to allow FDI in multi-brand retail trade has attracted heated debate and emotive reactions. Though the main consideration for allowing FDI in retail is not its benefit for farm sector, the debate has predominantly focused on threats and benefits to the country's farmers and the farm sector. Interestingly, the main stakeholders, i.e., farmers, have not reacted much to the policy decision and...
More »Pulses, fish & meat prices surge 15-20% in a month-Sutanuka Ghosal & Madhvi Sally
-The Economic Times KOLKATA/ AHMEDABAD: India's protein basket comprising pulses, egg, meat and fish has become costlier by 15-20 % over the last one month. Producers and traders say lower acreage in pulses, less availability of poultry feed like corn and rising input costs for fish breeding have impacted the stocks of protein food. Eggs, the breakfast protein staple , have become expensive by 20% in the past few weeks. Current retail...
More »Non-subsidized LPG refill at Rs 883, set to go up further- Piyush Pandey
-The Economic Times Housewives can expect tough times ahead maintaining household budgets as all indicators suggest that prices of non-subsidized domestic cooking gas cylinders are expected to go up till March, 2013, much before they exhaust their quota of another three subsidized cooking gas cylinders. This is because the price of domestic liquefied petroleum gas (LPG or cooking gas) has been linked to international gas prices which typically shoots up during the...
More »CCEA to consider tomorrow sale of pulses and cooking oil via PDS
-PTI NEW DELHI: To protect BPL families from price shocks due to supply constraints, Cabinet Committee on Economic Affairs (CCEA) is likely to consider tomorrow a proposal to relaunch a scheme to supply imported pulses at a highly subsidised rate for next six months. The CCEA may also take up a proposal to extend a scheme for distribution of imported edible oils at subsided rate to BPL families for one more year...
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