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RBI's policy dilemma

This week’s good news on food price inflation was evened out by the bad news on fuel prices hike. But, both were along expected lines. Thanks to the so-called “base effect” — the fact that last year this time food prices were rising sharply and since last year’s prices become the denominator in this year’s price ratio, the rate of inflation would be expected to moderate — and to an...

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How the PDS is changing in Chattisgarh by Udit Misra

The Chhattisgarh model offers some key lessons on how to make the public distribution system deliverProbably the only thing extraordinary about Manglu is that he is the perfect example of an ordinary tribal. The 60-year-old belongs to the Pahadi Korba tribe and lives in Govindpur village of Sarguja district of Chhattisgarh. He best represents what modern India calls a below poverty line (BPL) beneficiary of various government schemes. Manglu earns...

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Panel for lower interest on farm loans by Gargi Parsai

A working group on agriculture constituted by Prime Minister Manmohan Singh has suggested that the government provide farm loans to farmers at four per cent interest rate, raise the minimum support price (MSP) for farm produce to 50 per cent higher than the actual cost of cultivation and expand diesel subsidy scheme across the country.The Working Group on Agriculture Production headed by Haryana Chief Minister Bhupinder Singh Hooda submitted its...

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Soaring vegetable prices to make undhiyu less palatable by Ankita Pathak

Planning to call over friends and relatives this Uttarayan for the undhiyu treat? Then, watch out, for, your budget may go haywire if you have not factored in the price rise.Onion prices aren't the only one making Amdavadis cry. Vegetable prices in general seem to make the Amdavadi very emotional as he watches his wallet being ripped apart.The soaring vegetable prices have sent household budgets haywire.Undhiyu, one of the popular...

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PM panel report on NAC food plan soon by Zia Haq

An expert group appointed by Prime Minister Manmohan Singh to examine recommendations of the Sonia Gandhi-led National Advisory Council on a draft food security law will present its findings by December-end. The NAC, which steers the UPA government’s social agenda, had drafted a framework for the Food Security Bill, which was presented before the expert group on November 26.“We are looking at the implications of the proposed provisions of the food...

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