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Rural reality by CT Kurien

A meticulous study of the agrarian relations in three villages. ONE of our senior sociologists once drew my attention to the distinction between economics and other social sciences. Other social sciences – sociology and anthropology, for instance – he said, pay a great deal of attention to gathering primary data and interpreting them, whereas economics relies on secondary data for its analysis. This is, to a large extent, a fair...

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New CPI to be based on state stats by Rishi Shah

The new consumer price indices set to debut in January will be compilations of indices for states that reflect the price trends prevailing in the country accurately, helping policy formulation and targeted intervention. Each state will have two consumer price indices, one for rural and another for urban areas. These CPI rural and urban will be added up to arrive at urban and rural retail indices at the national level. These...

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Food security to cost Rs 72,000 crore by Devika Banerji & Ajay Modi

The National Advisory Council (NAC) recommendation to guarantee foodgrain to two-thirds of the country’s population could bloat the government’s food subsidy spend by 26 per cent to over Rs 72,000 crore — equivalent to over 1 per cent of the gross domestic product. The foodgrain guarantee is part of the proposed National Food Security Bill. This is a conservative figure, compared with the Rs 78,000 crore estimated by Deutsche Bank in...

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NAC's recommendations discouraging: Yechury

Terming the recommendations of the National Advisory Council on the proposed Food Security Bill as discouraging, senior leader of the Communist Party of India (Marxist) Sitaram Yechury on Friday underlined the need for a people's movement to pressure the Manmohan Singh government to go in for a universal public distribution system to ensure food security in the country. Addressing a seminar on food security at the CPI(M) State headquarters here, Mr....

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UN agency steps in to help Pakistani farmers after floods destroyed seed stocks

The United Nations Food and Agriculture Organization (FAO) is distributing wheat seeds that will benefit over half a million farming families, or nearly five million people, whose seed supplies were destroyed during the recent flood disaster. The floods, which began in late July and inundated one fifth of the country, claimed more than 1,800 lives and have affected more than 20 million others. Agriculture is the mainstay for over 80 per cent...

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