-The Business Standard But many numbers point to contrary trends The latest numbers on poverty levels are dramatic; they show that the number of people below the poverty line (as defined by the late economist Suresh Tendulkar) has shrunk from 37 per cent of the population to 22 per cent, in the seven years to 2011-12. This is an unprecedented rate of fall in poverty levels; some 40 per cent of those...
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UP to have 1cr unemployed youth by 2017: National Sample Survey Organisation -Arvind Singh Bisht
-The Times of India LUCKNOW: For the Akhilesh Yadav government, the burgeoning unemployment problem comes as a daunting challenge. The 66th round of the National Sample Survey Organisation (NSSO) report puts the projection of unemployed youth in Uttar Pradesh in the age group of 15-35 at whopping 1 crore by the end of the ongoing 12th Five Year Plan (2012-17). They will be in addition to the backlog of around 32...
More »Grain stocking policy needs prompt overhaul
-The Economic Times It is scandalous that inflation in cereals remains above 17 per cent even as food grain stocks with the Centre are close to 80 million tonnes. The Committee on Agricultural Costs and Prices (CACP) paper estimates that the buffer stocking requirement would go up, thanks to the Food Security law, but not higher than 41.5 million as of July 1. The rest is excess. The government must sell off...
More »Rains, incomes & food: Good monsoon this year is bad news for India -Himangshu Watts
-The Economic Times The monsoon made a dream start this year. Bountiful rainfall in June has prepared the ground for bumper harvest and lower food inflation. But don't celebrate. Look beyond the immediate future and good monsoon this year may not really be good news. It has merely delayed an agricultural crisis, which our complacent policymakers perhaps need to jolt them into action. With food demand rising in step with the growing...
More »When friends and foes are all the same-MK Venu
-The Hindu The hostility to the UPA's food security Bill from both its allies and the Opposition stems not from substantial objections to the draft law itself but from other political grouses The decision to bring an ordinance to provide food security to 67 per cent of the country's population was received with much hostility by the Opposition parties last week. The latter seemed surprised that the United Progressive Alliance (UPA) could...
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