-The Economic Times Food inflation in India, as measured by food articles price index, has averaged 11.3% for the period FY 2008-09 to December 2012, with a maximum of 15.6% in 2010-11 and minimum of 7.3% in 2011-12. In December 2012, wheat prices stood 23% higher than in December 2011, and rice prices 17% higher in the same period. Although this spurt in wheat and rice prices in the face of...
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Food for granted-Sebastian PT, N Madhavan and E Kumar Sharma
-Business Today What does the proposed food security law mean for the government's finances? Most days, around half a dozen middleaged men in Tamil Nadu's Nemam village head for a slushy pond. They are farm labourers who have had little work for the past few months because of a drought in their Tiruvarur district. As an alternative they catch fish, but the income from it is not enough to survive on. "But...
More »Political donations to get transparent
-The Times of India MUMBAI: India Inc has had to wait for nearly three years for the government to roll out the rules relating to the functioning of electoral trusts. The rules have been recently notified and come into effect from January 31, 2013. The 2009 Budget had introduced provisions relating to electoral trusts in the Income-tax Act. It provided for tax exemption to electoral trusts which distribute contributions to political parties,...
More »Non-Congress states opposes food security bill-Rituraj Tiwari
-The Economic Times The Centre may find it difficult to build political consensus on the National Food Security Bill as several non-Congress-ruled states have expressed their opposition to the scheme. Bihar, Uttar Pradesh, Tamil Nadu and West Bengal have already expressed their dissent while Chhattisgarh has rolled out its own food security scheme. With more than 40% of the country's population residing in these five states, the Bill may not have the desired...
More »The Doctor Only Knows Economics-Lola Nayar and Amba Batra Bakshi
-Outlook This could be the UPA’s worst cut to its beloved aam admi. Healthcare has virtually been handed over to privateers. Not For Those Who Need It Most Govt seems to have abandoned healthcare to the private sector Diagnosing An Ailing Republic 70 per cent of India still lives in the villages, where only two per cent of qualified allopathic doctors are available Due to lack of access to medical care, rural India...
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