Members of the Right to Food Campaign on Monday “rejected'' the proposed draft of the National Food Security Bill that promises 25 kg. of food grains to each Below Poverty line population family a month at Rs. 3 a kg and urged Prime Minister Manmohan Singh to come up with a bill that covers every adult resident of the country under the Public Distribution System (PDS). “Nothing short of a universal...
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Government-led inflation
Food inflation remains extraordinarily high at 17.79%. The government emphasises supply problems caused by last year’s drought, But a bigger and less reversible problem is government-led inflation through big increases in the Minimum Support Prices (MSP). The MSP for wheat and paddy rose only modestly between 2002-03 and 2005-06 , from Rs 620 to Rs 650/ quintal and from Rs 530 to Rs 570/quintal respecticely. But after that the MSP shot...
More »Conference to discuss impact of de-controlled fertilizers by Gargi Parsai
As the de-controlled fertilizer regime comes into play from April 1, the Centre has asked the States to take steps to ensure that stocks and the Maximum Retail Price (MRP) of fertilizers are clearly displayed for the benefit of farmers. The States have also been asked to keep a strict vigil on “smuggling of fertilizers across the international border and deal sternly with diversion of fertilizers to non-agricultural uses.” This, and...
More »Danger of inflation by CP Chandrasekhar
WELL before Budget 2010-11 was presented, inflation had emerged as the principal economic problem in the country. With food-price inflation running at close to 20 per cent, even the United Progressive Alliance (UPA) government at the Centre had been forced to recognise it as a problem that deserved as much attention as the objective of achieving a 9 or 10 per cent rate of growth, if not more. In fact,...
More »Low Pulse by Savvy Soumya Misra
Spiralling prices of pulses have shown India’s dependence on imports. Pulses are integral to India’s diet but not its food policy. As a result, supply cannot meet demand. What are the consequences and solutions? Surendra Nath has switched to eating grass-pea, though he knows it is not good for health. But so is tobacco, he argues. He cannot do without pulses and pigeon-pea selling at Rs 100 a kg is beyond...
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