-The Times of India With the state budget all set to be presented on July 12, TOI takes a hard look at the government's cheap rice scheme and its impact on politics and employment. Will cheap rice boil? Let's look at the math. Reducing the price from Rs 3 to Re 1 per kg will help a family save Rs 60 per month. Till now, poor families got rice from the Public Distribution...
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Record rains in June aids power, agricultural output -Madhvi Sally
-The Economic Times NEW DELHI: Agriculture output is poised to accelerate and power deficits will narrow as the monsoon has begun bountifully in its first month, irrigating fields and filling up reservoirs with the heaviest June rainfall in more than a decade. Rainfall has been 32% above normal in June, injecting moisture into fields and preparing them for early sowing of kharif crops and reducing the farmer's need for electricity or diesel...
More »Muted MSP hike positive for food inflation: Nomura
-PTI MUMBAI: The recent five per cent hike in the MSP against 15 per cent average hike in support price for farm produce in the last six years is likely to have only a nominal impact on food inflation Japanese brokerage firm Nomura said in its research report. Government last week raised the MSP of nine farm items, including some pulses and oilseeds, in the range of Rs 60-450 per quintal for...
More »Exclusion as policy -TK Rajalakshmi
-Frontline Attempts by the Congress-led UPA government to adopt the ordinance route to pass the Food Security Bill fail as the opposition parties are more or less united in seeking a Bill that provides universal PDS coverage. THE National Food Security Bill (NFSB), 2013, touted as the biggest game changer for the Congress-led United Progressive Alliance (UPA) government in the 2014 parliamentary elections, will go through yet another round of discussions...
More »The youth unemployment bill -Manish Sabharwal
-The Indian Express Why the proposed national minimum wage is the wrong answer to questions of unemployment and poverty The recent national labour conference - a trade union love fest with little real employer participation - demanded a national minimum wage. The trade union demand is a predictable positioning of narrow self-interest as national interest but the government's acceptance of their demand is unfair, delusional and economically stupid. Unfair, because it pampers a...
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