-The Business Standard Ashok Gulati in a paper also gave measures to contain the inflation As India's food inflation continues to remain stubbornly high - it was in double digit for the third straight month in February 2013 at 11.38% - a discussion paper floated by eminent agriculture economist and chairman of Commission for Agriculture Costs and Prices (CACP) Ashok Gulati has blamed high fiscal deficit, rising farm wages and global food...
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Punjab facing stagnancy in agriculture: State's Economic Survey-Vijay C Roy
-The Business Standard According to Economic Survey of the state, contribution of primary sector in the GDP of state is continuously declining since 2004-05 Having distinction of being the pioneer of Green Revolution, Punjab is facing stagnancy in agriculture production and constant decline in primary sector's share in state GSDP. According to Economic Survey of the state, contribution of primary sector(which comprises mainly agriculture and allied activities) in the GDP of state...
More »UPA exports wheat at Rs 1,700 crore loss to exchequer -Pradeep Thakur
-The Times of India At a time when the government is facing trouble maintaining its fiscal health and is set to add over Rs 1.25 lakh crore to its subsidy bill for providing food security to its poor, the UPA has burdened the exchequer further by exporting wheat at lower than its cost price - incurring an estimated loss of over Rs 1,700 crore. Sources in the finance ministry said the loss...
More »Farmers' bodies flay food security Bill
-The Financial Express Leading economists who fear that the cost of the food security law on the exchequer would be much higher than estimated by the government have a seemingly unlikely ally - farmers' groups. A couple of national-level farmers' organisations have opposed the National Food Security Bill, saying it would "lead to nationalisation of agriculture by making the government the biggest buyer, hoarder and seller of foodgrains". Farmers' representatives from a...
More »Cabinet clears revised Food Bill-Gargi Parsai
-The Hindu The Union Cabinet on Tuesday cleared the National Food Security Bill that gives legal entitlement to 67 per cent population (including 75 per cent rural and 50 per cent urban) for subsidised grains under the Targeted Public Distribution System The Union Cabinet on Tuesday cleared the National Food Security Bill that gives legal entitlement to 67 per cent population (including 75 per cent rural and 50 per cent urban) for subsidised...
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