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,...
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Food for poor, growth for all by Suman K Shrivastava
Ranchi: It was a budget aimed at sweetening the bitter price rise pill. From cutting down VAT on diesel, sweets and ice- cream to making foodgrains available at Re 1 per kg for the poor, deputy chief minister Raghubar Das today presented an annual budget which focused on rural development, food security and social welfare. Chanting the “inclusive growth” mantra, Das, the BJP face in the Shibu Soren government, showed...
More »Ministers’ panel proposes limits for National Food Security Bill by Liz Mathew and Ruhi Tewari
An empowered group of ministers (eGoM) has urged the government to delink the proposed National Food Security Act (NFSA) from nutritional security and keep the issue price of wheat and rice flexible under the Act. But a top official of the agriculture ministry said some members of the Congress-led United Progressive Alliance government want NFSA to be an “umbrella legislation” addressing social security concerns. “The finance ministry is of the view that...
More »Draft food security bill may irk Sonia, states, SC by Nitin Sethi
The government has readied the draft of its promised Food Security Act but the bare provisions appear to fall short of the pledge on many counts. It could not only trigger a face-off with the states but also cause heartburn to the Supreme Court and displease Congress chief Sonia Gandhi who had prepared a draft and sent it to the Prime Minister's Office last June. The Bill is a result...
More »Farmers paid peanuts, over 40% looking for better avenues by Omkar Sapre
PUNE: Bandya Pashte, 28, has been cultivating paddy on his family’s five-acre plot in village Veravli in the Konkan, Maharashtra’s coastal strip for about a decade. Last year, though, he threw in the towel because farming is not remunerative and lacks social status. Bandya has since migrated to the city to work as a driver, earning more than he did as a farmer. While Bandya is unaware of the National...
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