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Milk production touches a record high of 132.43 mt in 2012-13

-Press Information Bureau/ Ministry of Finance India recorded a peak production of milk at 132.43 mt in the year 2012-13 according to the Economic Survey for 2013-14, released in New Delhi today. India ranks first in global milk production and accounts for 17 per cent of world production. Milk production has become an important secondary source of income for 70 million rural households engaged in dairying and for 70 per cent...

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Fighting food inflation

-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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Cong price pot versus Modi kettle

-The Telegraph The Congress today slammed the Centre for linking food inflation to increased incomes and changing diets and asked if it intended to scrap its predecessor's welfare schemes that had raised poor families' purchasing power. Ironically, Congress ministers used to cite similar reasons for the rising prices. But spokesperson Randeep Surjewala accused the government of "insulting" the people and said it was a matter of satisfaction and pride that incomes were...

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Paddy cultivation on right track -Piyush Kumar Tripathi

-The Telegraph The country's third driest June over a hundred years might have prompted the Union government to come up with agriculture contingency plans for around 500 districts but Bihar for one seems blessed in this field. In spite of 32 per cent deficient rainfall across the state in June, the overall sowing of paddy seedlings till July 1 stood at 2,57,660 hectares, substantially higher than the area of 2,31,000 hectares covered...

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Rural job scheme caused price rise: Govt -Shishir Sinha

-The Hindu Business Line     Facing criticism for rising prices, the Modi Government has blamed public expenditure on schemes such as MGNREGA (Mahatma Gandhi National Rural Employment Guarantee Act) for fuelling food inflation. Curiously, the BJP wants the job scheme to continue, with the focus mainly on agriculture. According to the agenda note circulated for Friday's Conference of State Food Ministers with the Centre, food inflation is caused by both demand and supply...

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