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How to combat food price rise before its too late -Lekha Chakraborty and Pinaki Chakraborty

-The Financial Express Persistence of high food inflation can harden the monetary policy stance and make fiscal choices difficult Food inflation increased to 7.9% in May 2016 as against 4.23% in April. This sudden spurt in food inflation is attributed to vegetable prices, followed by pulses and sugar. Is this a short-term spike or will it be a persistent one? If it is going to be a persistent one with pass-through effects,...

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The permanence of temporary workers -Narendar Pani

-The Hindu Business Line The unique needs of those who work in cities even as they maintain homes in the village must be addressed by policymakers   Cities bring with them a sense of permanence. Many of them have been around for hundreds of years. Some of their more memorable institutions too tend to have long histories. It is no surprise, then, that most of urban policy takes aspects of a city to...

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Bengal’s PDS doing enormously well, says Jean Dreze -Suvojit Bagchi

-The Hindu Dreze made the statement in an interview with The Hindu following a survey in six States, including West Bengal. Under a month of its emphatic victory in Bengal election a very definitive reason of Trinamool Congress’ [TMC] success was indicated by economist Jean Dreze. The Public Distribution System [PDS] has performed “enormously well” in Bengal, since the passage of the National Food Security Act [NFSA] in 2013, said Mr Dreze. Mr...

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Pulses hit Rs 200/kg: Govt curbs cartels and futures trade, raises buffer

-PTI New Delhi: As pulses continued to soar to touch up to Rs 200 per kg, intelligence agencies were on Thursday asked to crack down on cartels, while futures trade was curbed to check speculation and buffer stock was hiked over 5-times to 8 lakh tonnes to boost supply in a multi-pronged approach. Efforts were also beefed up to sell larger quantities of pulses at highly-subsidised rates through government agencies and outlets,...

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Govt cracks the whip on price rise -Sanjeeb Mukherjee

-Business Standard In last one month, chana futures prices have risen 17.37 per cent and on Thursday it closed at Rs. 6812 per quintal on NCDEX New Delhi: The government has launched a multi-pronged drive against price rise of essential commodities with different agencies doing their bit to ensure smooth supply and action against hoarders as well as profiteers. Market regulator Securities and Exchange Board of India (Sebi) on Thursday barred launch of...

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