Punjab Chief Minister Parkash Singh Badal and the farm lobby reacted sharply today to the Centre’s announcement of the Minimum Support Price for Wheat. The Centre yesterday had announced a nominal hike of Rs 20 in the MSP, fixing it at Rs 1,120 per quintal. Describing it as a ‘stab in the back’, the Punjab CM claimed that the MSP fixed for wheat is lower than the rate at which the...
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Government decides on major push for pulses
Raises support price by Rs 380/qtl; marginal rise for wheat. Pulses saw the highest rise of Rs 340- 380 per quintal in minimum support price (MSP), the government announcing these for the current rabi season. The decision is in line with government efforts to increase their sowing, to meet the increasing demand for the crop. The MSPs of masur and chana were increased by Rs 380 per qtl and Rs 340 per...
More »Prabhat Patnaik, Professor at CESP, Jawaharlal Nehru University and vice-chairman of the Planning Board of Kerala interviewed by R Krishna
Last month, leaders from 185 countries met in New York to take stock of progress in achieving the Millennium Development Goals (MDGs) — which include, among other things, eradicating poverty and hunger, reducing child mortality, improving maternal health — that were set in 2000 by the United Nations. The aim was to achieve these goals by 2015. But 10 years down the line, the world is way behind targets in achieving...
More »Losing their nerve? by Jean Dreze
Five years ago, when the proposed National Rural Employment Guarantee Act (NREGA) was a subject of fierce controversy, Bunker Roy compared the attitude of the government to that of a dog who crosses a road half-way, can’t decide whether to go forward or backward, and gets run over. This enlightening image applies again today, in the context of the proposed National Food Security Act (NFSA). The National Advisory Council (NAC) discussed...
More »Potato prices to fall on good stocks, new crop by Sandip Das
After a significant jump in retail price of potato in the last two weeks due to disruption of supplies on account of heavy rain in northern India, prices are all set to fall because of huge stocks with traders in Uttar Pradesh and West Bengal, the two biggest potato producing states and expected arrival of the new crop from Punjab next month. Traders in Uttar Pradesh and West Bengal, who were...
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