-Outlook To protect BPL families from possible price rise, the Cabinet Committee on Economic Affairs (CCEA) today gave its approval for selling imported pulses and edible oil at subsidised rates through ration shops. The CCEA also approved an outlay of Rs 884 crore for computerisation of public distribution system (PDS) that is aimed at, among other things, elimination of bogus ration cards. Announcing the decisions, Finance Minister P Chidambaram said, "The CCEA today...
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Land acquired over past decade could have produced food for a billion people-John Vidal
-The Guardian Oxfam calls on World Bank to stop backing foreign investors who acquire land for biofuels that could produce food International land investors and biofuel producers have taken over land around the world that could feed nearly 1 billion people. Analysis by Oxfam of several thousand land deals completed in the last decade shows that an area eight times the size of the UK has been left idle by speculators or is...
More »A dangerous intervention
-The Business Standard Skimmed milk powder 'buffer' might raise prices The government’s proposal that a buffer stock of skimmed milk powder (SMP) be created in order to minimise volatility in milk prices is so unsound a proposition that it should be shelved. The proposal, sent to the inter-ministerial group on inflation by the food ministry, involves keeping a reserve stock of SMP with milk-processing units by offering them a handsome subsidy. The...
More »Rural prosperity no mirage; real rural wages have grown 6.8% each year in last 4 years-A Gulati and AK Jena
-The Economic Times Every concerned and right-thinking citizen of this country wants poverty to be reduced as early as possible. Governments and policymakers have given assurances, time and again, that they are making their earnest efforts in that direction. Yet, there is a big debate in the country, ranging from the very definition of poverty to the number of people below the poverty line. Some academic stalwarts have devoted almost their whole...
More »Washing off this stain will need more -Agrima Bhasin
-The Hindu The Supreme Court’s unyielding criticism of the government for not eradicating the practice of manual scavenging was the springboard for the Ministry of Social Justice and Empowerment to introduce the Prohibition of Employment as Manual Scavengers and their Rehabilitation Bill, 2012 in the Lok Sabha on September 3. Welcomed as a panacea for the historically iniquitous, caste-ordained practice of manually handling human waste, the new Bill indicates renewed commitment...
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