-The Times of India In a striking irony, the number of hungry people in the world was estimated at 842 million in 2011-13 by the Global Hunger Index (GHI) report released on Monday even as world cereal production was estimated at a near record level of 2,489 million metric tons a few days ago. About a quarter of the world's hungry, or 210 million, are in India alone. The number of hungry...
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Index Numbers of Wholesale Price in India (Base: 2004-05=100) Review for the month of September, 2013
-Press Information Bureau The official Wholesale Price Index for ‘All Commodities' (Base: 2004-05 = 100) for the month of September, 2013 rose by 1.2 percent to 179.7 (provisional) from 177.5 (provisional) for the previous month. INFLATION The annual rate of inflation, based on monthly WPI, stood at 6.46% (provisional) for the month of September, 2013 (over September, 2012) as compared to 6.10% (provisional) for the previous month and 8.07% during the corresponding month...
More »Cyclone Phailin: Panic buying in Odisha sends prices soaring -Binita Jaiswal
-The Times of India CUTTACK/BHUBANESWAR: Thousands of twin city dwellers on Friday made a beeline for shops to stock up on vegetables and dry food. The mad rush led to a steep rise in prices of chura (flattened rice ), potatoes and candles. Soon they vanished from the market. "I bought a kg of chura for Rs 28. In the evening the shopkeeper hiked the rate to Rs 45 a kg. I...
More »The global implications of India's food security law-Nikhil Inamdar
-The Business Standard Balancing duty to the poor while mitigating 'policy externalities' arising out of the food bill is India's latest challenge The government has fought all odds to get the food security bill - an entitlement programme that covers 67% of India's 1.2 billion large population under a subsidised grain regime, passed in the Parliament. But the battle now shifts to the global stage with India having to convince negotiators, particularly...
More »Punjab government plans to pay farmers directly -Madhvi Sally
-The Economic Times NEW DELHI: With paddy arrivals yet to pick up across Punjab, the state government now plans to make direct payments to farmers. The move is aimed to protect farmer's interest particularly the small and marginal from being exploited by the commission agents/arthiyas. The issue of direct procurement and payment to farmers had been delayed for several years with both the Congress ruled and Akali-BJP government not keen to upset...
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