-The Times of India NEW DELHI: Agricultural GDP is likely to grow by over 5% this year thanks to the most abundant rains in nearly two decades, a government thinktank has forecast. If the prediction turns out right, it could help tame food inflation, provide a much-needed boost to rural incomes and a knock-on effect on other sectors of the economy. The demand for two-wheelers, tractors and mobiles, in particular, could rise...
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India's food security act: Myths and reality-Vandana Shiva
-Al Jazeera The reforms promoted by Prime Minister Singh do not go far enough to help food production and the hungry. The debate on the Food Security Act is based on myths on both sides. The government is propagating the myth that it is the largest anti-poverty and anti-hunger programme ever introduced anywhere in the world. The programme is being heralded as Sonia Gandhi's dream project, and billed as a miracle solution...
More »Doing a number on FSB-Ashok Kotwal, Milind Murugkar and Bharat Ramaswami
-The Financial Express In an article published in this newspaper on September 4, 2013, Surjit Bhalla takes us to task for critiquing his earlier estimates of the cost of the Food Security Bill. Bhalla asserted that subsidy expenditures would more than triple and the FSB would cost the government R3,14,000 crore annually or 3% of GDP. We argued that Bhalla was barking up the wrong tree and that the main things...
More »Kharif 2013 pulses harvest touches 7 million tonne -Sutanuka Ghosal
-The Economic Times KOLKATA: India's pulses harvest for the Kharif 2013 season has touched 7 million tonne (as compared to 5.9 million tonne in 2012 and, as per the latest report of Weather Watch Group in Agriculture Ministry, the acreage planted to pulses has touched 10.2 million hectares (as compared to 8.8. million hectares in 2012. Mr. Pravin Dongre, Chairman - India Pulses and Grains Association (IPGA) speaking about the kharif harvest...
More »Food prices rose 157% between 2004 and 2013 -Subodh Varma
-The Times of India NEW DELHI: If you were to ask any random aam aadmi anywhere in India what is the single biggest failing of the UPA, the answer would be - price rise. This is so because the most important items of family spending - food items - have relentlessly risen for the past several years despite repeated promises to bring them down by the economic mandarins and policy wonks...
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