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Global food prices continue to drop

-FAO   Prices of cereals and oils decrease - FAO expects bumper cereal harvest this year Rome: The FAO Food Price Index dropped for the fourth month in a row in August reaching its lowest level since June 2012. The index, which measures the monthly change in the international prices of a basket of food commodities, averaged 201.8 points in August 2013, nearly 4 points (1.9 percent) below its July value and 11 points...

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Gas-guzzling government talks austerity, burns crores -Sidhartha & Surojit Gupta

-The Times of India NEW DELHI: While ministers toy with all kinds of ideas to curb consumption of oil, including bizarre ones such as shutting down petrol pumps at night, it might help if they looked inwards. For, the biggest and most profligate oil consumer in the country is the government itself. Petrol flows like water in the government. Not just ministers and officials of the central and state governments, even PSUs...

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More bite, less to chew -Latha Jishnu, Jyotika Sood and Suchitra M

-Down to Earth The most controversial aspect of the food security law is the restructuring of the public distribution system to cover an unprecedented 67 per cent of the population, most of them in the poorer states. LATHA JISHNU, JYOTIKA SOOD and SUCHITRA M explain why there are winners and losers in the new dispensation and how states with better PDS will have to find huge resources to keep their numbers...

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'Food security bill to cover about 3-times the number of poor'

-PTI According to Planning Commission estimates, 21.9% of the people live below the poverty line in 2011-12. The food security programme is not restricted to the poor and the population covered by it is about three times the number of people below the poverty line, Parliament was told today. 'The government has decided to cover 67 per cent of the population under Food Security Act. The proposed coverage is not restricted to the...

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Muslims poorest among religious groups, says NSSO survey

-PTI Muslims' average per capita spending a day is Rs. 32.66, while it is Rs. 37.50 for Hindus, Rs. 51. 43 for Christians and Rs. 55.30 for Sikhs Among various religious groups, Muslims have the lowest living standard with the average per capita expenditure of just Rs. 32.66 in a day, says a government survey. At the other end of the spectrum, the Sikh community enjoys a much better lifestyle as the average...

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