-The Financial Express In a column in The Financial Express, ("Time to tweak priority-sector lending", goo.gl/6O8AOL, February 6), the author made a case for "tweaking" priority-sector lending (PSL) norms which largely stipulate that the commercial banks direct credit towards certain vulnerable sectors and target population. Specifically, the article argued for revisiting the sectoral targets and cited a reduction in the share of agriculture sector in GDP as a valid reason...
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Inflation down, but pinch is back as two indices tell different tales -Zia Haq
-Hindustan Times Sharmilla Dar, a government schoolteacher in east Delhi, is irritated about a sudden surge in vegetable prices in the last week after they had cooled considerably since a year ago. "Why can't the government keep things affordable?" she asks. For middle-class consumers, food inflation worries are creeping back in. The farm sector is hurting badly after a full year of unprecedented weather havocs - from a partial drought last summer...
More »India among 5 nations accounting for half of world’s hungry -Tomojit Basu
-The Hindu Business Line India measures poorest in terms of stunted children at 47.9% NEW DELHI: Five middle-income countries (MICs) which displayed strong economic growth in 2014 - India, Brazil, China, Mexico and Indonesia - account for 363 million, or a half, of the world's hungry, according to a report released on Wednesday by the International Food Policy Research Institute (IFPRI). The 2014-2015 Global Food Policy Report (GFPR) called on Governments of these...
More »Scam stains famed Chhattisgarh PDS, systemic loot runs into crores -Parivesh Mishra
-FirstPost.com Raipur: Amid Prime Minister Narendra Modi's aggressive pitch for growth and denouncement of the policy of handouts in the pre-general election campaign last year, Chhattisgarh's model of Public Distribution System (PDS) stood out as a shining and welcome misfit. The BJP showcased Chief Minister Raman Singh model of PDS as its answer to the Congress' Food Security Act. Besides the Gujarat model, this was the only model that found mention...
More »Caste determines spending on food, choice of work: NSSO -Rukmini S
-The Hindu How much and what people eat and what work they do differs significantly by caste, new data from the National Sample Survey Office show. However, these differences are likely to be correlated, rather than caused by caste. The NSSO released two new reports this week: one on household consumption expenditure by a social group and the other on employment and unemployment by a social group. The data show that...
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