The advance estimate of national income in 2011-12, released recently by the Central Statistical Organisation points to a decline in India’s GDP growth rate from 8.4 per cent last year to 6.9 per this year. The government, obsessed with growth rates, is deeply disappointed. Hence there is already talk of the need to respond and demands that the Reserve Bank of India should reduce interest rates are being heard. There...
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MGNREGA creating dearth of farm labour
-The Business Standard Implementation of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), a flagship programme of the Central government to alleviate poverty, has resulted in an increase of up to 20 per cent in the cost of farm production in Karnataka. It has also created a shortage of labour in the agriculture sector in the state. According to a study conducted by the Bangalore-based Institute for Social and Economic Change...
More »Trans-fats rap for health ministry
-PTI The Central Information Commission has criticised the Union health ministry for its ambivalent replies to an RTI applicant who wanted to know what the government had done about declaring the level of trans-fats in Food products. “If the Food Safety and Standard Authority of India has taken no steps on specifying safety level trans-fats percentages in ghee and edible oil, they should at least admit this,” information commissioner Shailesh Gandhi said...
More »State Food Ministers express reservations about Food bill by Gargi Parsai
Even as the Centre prepares to implement its proposed national Food Security Act, States have expressed their unhappiness about the contours of the Bill, particularly the cap on the number of beneficiaries which will automatically reduce their allocation of subsidised foodgrains. Requirement of funds, more foodgrains for distribution under the Targeted Public Distribution System (TPDS), and paucity of storage capacity was a common refrain during the two-day conference of State Food...
More »Global Food prices rebound for first time in six months–UN
-The United Nations Global Food prices rose overall last month for the first time in six months, demonstrating the volatility of international Food markets, the United Nations Food and Agriculture Organization (FAO) reported today. The FAO Food Price Index rose by four points or nearly two per cent to a measure of 214 points in January, with the price of oils increasing the most, followed by cereals, sugar, dairy products and meat. This...
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