An across-the-board increase in petrol, diesel and cooking gas prices is likely by mid-May, immediately after the Budget is passed in Parliament. "There is a lot of pressure on the government from oil companies to increase fuel prices but they been informally told to hold on till the Budget is passed in Parliament," a senior government official told HT. "There may be one small increase in petrol price that is likely to...
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Not much on the plate by Samar Halarnkar
I have never been to Brazil's "beautiful horizon", Belo Horizonte, the country's third-largest metropolitan area and an information and bio-technology hub, but I have followed the city's progress against what was once its enduring shame: hunger. In 1993, when 11% of its 2.5 million people lived in absolute poverty and a fifth of Belo's children went hungry, a newly-elected government declared that food was a fundamental right of every citizen,...
More »Urea price decontrol will raise yields: U S Awasthi, Managing Director, IFFCO
-The Economic Times Fertiliser will continue to be a key input in the crop production system as there are no alternatives to meet nutritional requirement of crops. Post-Independence, a substantial increase in indigenous production and consumption of urea and a range of P and K fertilisers made the country self-reliant both in fertiliser and food grain production. But farm production is stagnant though fertiliser use has been rising. The bone of...
More »Abolish the Poverty Line by N Krishnaji
There is no case whatsoever to construct a single poverty line based on a calorie or expenditure norm; all such lines are arbitrary and do not take into account the different dimensions of poverty. It is far better to focus on disaggregated information on a variety of parameters – education, housing, clothing, health, etc – which can give us unambiguous information about the different facets of poverty over the course...
More »Govt blinks on food security Bill-Liz Mathew
In a move that could end a face-off within the government on the proposed food security Bill, the food ministry has decided to make everyone, except the so-called creamy layer, eligible for receiving state-subsidized foodgrains. Those who can afford to pay market prices will be kept out of the intended list of beneficiaries through the introduction of the exclusion criteria in the Bill, which will also seek to allocate foodgrains on...
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