The declining trend in food price inflation globally may not hold true for inflationary trends faced domestically due to a weakening Indian Rupee vis-a-vis the US Dollar. The recently released FAO Food Price Index (nominal) has shown a declining trend in July for the third consecutive month owing to lower international prices for grains, soy & palm oil, meat, dairy and sugar. (See links below) Based on FAO Food Price...
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High stakes, mega bucks fuel illegal ‘dig-load-sell’ sand business -Surojit Gupta
-The Times of India NEW DELHI: Humble sand is today big business. The boom in the construction industry in the last decade has triggered a huge demand for sand, to meet which contractors, with the help of pliant state officials, have begun a dig-load-sell exercise at a frantic pace. The story of illegal loot of sand in this high-stake business is repeated in state after state. TOI spoke to several officials, activists,...
More »Demystifying Indian poverty line -Gaurav Choudhury
-The Hindustan Times * What is a poverty line? The poverty line defines a threshold income. Households earning below this threshold are considered poor. Different countries have different methods of defining the threshold income depending on local socio-economic needs. * Who brings out the poverty estimates in India? The Planning Commission releases the poverty estimates in India. * How is it measured? Poverty is measured based on consumer expenditure surveys of...
More »Drug price policy under SC glare
-The Telegraph New Delhi: The Supreme Court today ticked off the government for "dilly dallying" on an affordable drug pricing policy, following a petition that said the delay was aimed at pushing through suggestions of the powerful manufacturers' lobby. A bench of Justices G.S. Singhvi and Gopala Gowda asked the Centre to respond within six weeks. The All India Drug Action Network (AIDAN) had filed the application saying the government was delaying a...
More »Addressing deficiencies in public systems- Gulzar Natarajan
-Live Mint The mid-day scheme is underpinned by a rent-seeking chain that keeps all the major stakeholders satisfied The mid-day meal (MDM) tragedy in Chhapra once again focuses attention on the low-level equilibrium that our public systems are trapped in. Consider these facts. Apart from rice, which has to be collected from the local ration shop, the MDM programme allocates each primary and upper-primary child Rs3.11 and Rs4.65, respectively to purchase pulses,...
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