-The Indian Express   Delhi residents are ahead of the others in terms of earning and spending, says a new government survey. At nearly Rs 1.16 lakh, the average annual per capita income of Delhiites is the highest in the country, and at Rs 33,732, the annual per capita expenditure too is the highest, as per the survey. “The monthly per capita expenditure of Delhiites signifies the prevalence of relatively better levels of living...

-Reuters   India's wheat output in 2011/12 will cross the current government forecast of a record 88.31 million tonnes due to favourable weather conditions, Agriculture Minister Sharad Pawar said on Friday. Early this month, the farm ministry in its second foodgrain production estimate had projected output for the main winter season crop at 88.31 million tonnes. India, the world's second biggest producer of wheat, produced 86.87 tonnes in 2011. ...

There is a rush to cash in on micronutrient deficiency in India through fortification of food Andhra Pradesh Foods, a state government enterprise, is ramping up its fortified Food production capacity. It provides ready-to-eat and ready-to-cook foods like upma mix, sweet porridge and khichdi mix, fortified with iron, zinc and other vitamins, to infants and pregnant and lactating women under the Centre’s Integrated Child Development Scheme (ICDS). The effort to double its...

In a report released on January 30, and covered by the world’s press the next day, the United Nations has warned of a severe resource crisis that would overtake the world if current trends persist. A growing population and a rise in the number of middle-class consumers will increase the demand for resources so rapidly that even by 2030 the world will need at least 50 per cent more food,...

The huge expenditure on the Food bill, with the attendant leakages, could well make fiscal recovery impossible In the first part of this article, we have estimated the actual cost of implementing the Food security bill in its current form. In this part, we now examine the fiscal sustainability of the same. The current state of the revenue and expenditure trends of the Central government (refer table) show that while revenue...