-The Times of India NEW DELHI: Agricultural GDP is likely to grow by over 5% this year thanks to the most abundant rains in nearly two decades, a government thinktank has forecast. If the prediction turns out right, it could help tame food inflation, provide a much-needed boost to rural incomes and a knock-on effect on other sectors of the economy. The demand for two-wheelers, tractors and mobiles, in particular, could rise...
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Trading on hunger
-The Hindu Roberto Azevêdo's observation that India's food security law may violate its commitments to the World Trade Organization should not take New Delhi by surprise. If anything, the government should be thankful the Director-General - who seems apprised of India's legitimate demand for ensuring food security - has recommended an interim solution until the WTO Ministerial Conference in December deliberates this issue. It was clear from the start that...
More »Food inflation: How to decode the onion price puzzle-Usha Tuteja
-The Economic Times It is ironical that food inflation surged to around 18% in August when agriculture is the primary hope in the economy. The culprit was mainly vegetables and, within that, onions. Onions are once again in the news due to steep rise in retail prices by almost 25% in a fortnight. Safal outlets in Delhi have set the price at Rs 60 per kg whereas some other retailers are charging...
More »The global implications of India's food security law-Nikhil Inamdar
-The Business Standard Balancing duty to the poor while mitigating 'policy externalities' arising out of the food bill is India's latest challenge The government has fought all odds to get the food security bill - an entitlement programme that covers 67% of India's 1.2 billion large population under a subsidised grain regime, passed in the Parliament. But the battle now shifts to the global stage with India having to convince negotiators, particularly...
More »Cap on eligibility for BPL cards-Sathish GT
-The Hindu Not more than 50 p.c. urban, 70 p.c. rural families can get cards Hassan (Karnataka): The State government, which launched the Anna Bhagya scheme to provide Below Poverty Line (BPL) families rice at Re. 1 a kg, has now decided to put a stringent cap on eligibility. A recent circular directs Food and Civil Supplies officers to ensure that not more than 70 per cent households in rural areas and...
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