-The Economic Times India's consumer prices climbed 10.56 per cent in December from a year earlier. This will hold the RBI's rate-cutting hand and prove politically painful for the government. The increase in the Consumer Price Index (CPI), over three percentage points more than the increase in the Wholesale Price Index (WPI) number, is due to a spurt in prices in the food and beverage category - mainly vegetables, oils and fat,...

-The Business Standard Govt's unbalanced food policy has disastrous results Consider the following discrepancies in the farm sector. The country is now the world’s largest exporter of rice, a crop grown with huge quantities of scarce water and heavily subsidised fertilisers. At the same time, it is the leading importer of pulses, which require very little water to grow and fortify the land with nitrogen to reduce the fertiliser need even...

-The Hindu Adding fuel to fire, people haven’t received subsidy Kotkasim (Rajasthan): Mahipal Singh Yadav (31) is a contractual junior manager at the Kotkasim Gram Sewa Sahakari Samiti. Joining the cooperative, he had hoped, would be like any other job. However, since the direct cash transfer of kerosene subsidies scheme was piloted here, Mr. Yadav has found himself at the receiving end of people’s anger. The KGSSS operates five fair price shops (FPS) in...

-Oxfam Blog As Oxfam’s two week online debate on the future of agriculture gets under way, John Ambler of Oxfam America imagines how it could all turn out right in the end. It is now 2050.  Globally, we are 9 billion strong.  Only 20% of us are directly involved in agriculture, and poor country economies have diversified.  Yet we all have enough food.  Technological innovation has played its part, but increased production...

-Outlook A scheme to credit kerosene subsidies to beneficiaries’ accounts flopped real big in Rajasthan Dharamvir Chaudhary’s fair price shop in Kot Kasim, Rajasthan, is deserted. A year ago the tehsil played host to an experiment by the government: residents were asked to buy kerosene—a fuel most of India’s poor use to cook and light lamps—at market price (Rs 50 a litre) from shops like Dharamvir’s. People were promised that the...