-The Telegraph Mumbai: The immediate fiscal impact of the food security programme is going to be manageable. Since implementation of the scheme across India will take time, the cost burden for the programme in fiscal year 2013-14, in addition to the budgeted food subsidy of Rs 90,000 crore, has been estimated by Edelweiss Research at Rs 10,000 crore. This is roughly 0.1 per cent of the gross domestic product (GDP). But once the...
More »SEARCH RESULT
Total Matching Records found : 2232
A food security ordinance that will stimulate food Inflation is passing strange
-The Times of India The Parliament's monsoon session is only about a month away. That the Union cabinet has yet taken the ordinance route to implement the national food security Bill signals the scam-tainted UPA government's desperation to woo voters before the next general elections. But the hope that expanding what is already one of the world's largest food security programmes will boost political fortunes is hallucinatory. The exchequer is already...
More »When incomes grow, but jobs elude -Sonalde Desai
-The Indian Express The latest NSSO data also underlines the increasing absence of women from the labour market Every time results from one of the "thick" rounds of the National Sample Survey come out, we get into a feeding frenzy, trying to slice and dice the statistics for changes since the previous round. Since NSS large rounds are typically conducted every five years, there is perhaps some sense to it, particularly when...
More »Record rains in June aids power, agricultural output -Madhvi Sally
-The Economic Times NEW DELHI: Agriculture output is poised to accelerate and power deficits will narrow as the monsoon has begun bountifully in its first month, irrigating fields and filling up reservoirs with the heaviest June rainfall in more than a decade. Rainfall has been 32% above normal in June, injecting moisture into fields and preparing them for early sowing of kharif crops and reducing the farmer's need for electricity or diesel...
More »Muted MSP hike positive for food Inflation: Nomura
-PTI MUMBAI: The recent five per cent hike in the MSP against 15 per cent average hike in support price for farm produce in the last six years is likely to have only a nominal impact on food Inflation Japanese brokerage firm Nomura said in its research report. Government last week raised the MSP of nine farm items, including some pulses and oilseeds, in the range of Rs 60-450 per quintal for...
More »
