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NAC pushing for its version of Food Security Bill by Smita Gupta

Union Food Ministry to convene consultation of its officials with NAC and EAC representatives Pressure from the Sonia Gandhi-led National Advisory Council (NAC) on the new Union Food Minister, K.V. Thomas, to accept its recommendations rather than the watered down version of the Rangarajan panel, which was set up to examine the NAC's recommendations, appears to be working. Government sources told The Hindu that the Union Food Ministry is hoping to shortly...

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Congress banks on Budget to stem anger over scams, prices

Corruption and inflation, the bugbears of UPA-2, dominated discussions Congress functionaries held with finance minister Pranab Mukherjee amid expectations from the party that a populist Budget would help check the negative tide against the Centre. Party leaders are hoping specifically for income tax relief for the Middle Class and concessions for rural populace as the budgetary antidote to the negativity post-2G spectrum scam. Mukherjee assured his party that prices would come down...

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Galloping Growth, and Hunger in India by Vikas Bajaj

The 50-year-old farmer knew from experience that his onion crop was doomed when torrential rains pounded his fields throughout September, a month when the Indian monsoon normally peters out. For lack of modern agricultural systems in this part of rural India, his land does not have adequate drainage trenches, and he has no safe, dry place to store onions. The farmer, Arun Namder Talele, said he lost 70 percent of...

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India angry, blames govt for corruption, inflation

Inflation is beginning to hurt seriously, corruption is at an all-time high and the government is not doing enough to tackle either problem. That is the way India's big cities feel on the two big issues dominating headlines in recent months, according to an 8-city survey done exclusively for TOI. Asked what impact rising prices have had on their household budgets, only 3% said it has had a small impact. About...

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Food inflation sharply falls to 13.07%, may stabilise at 8-9%

Food inflation dropped sharply to 13.07% for the week ended January 29 from 17.05% in the previous week. According to data released by the ministry of industry and commerce on Thursday food inflation declined to a seven-week low due to decline in the prices of pulses and potatoes. On an annual basis, prices of potatoes declined 8.87%, while pulses fell 8.63% and wheat by 3.58%, the government data said. Although the...

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