Food Inflation further eased to 16.04% for the week ended April 24, as arrival of rabi (winter) crops cooled down prices of essential items. Inflation fell over 0.57% from 16.61% in the previous week on account of a percentage point drop in prices of fish, fruits, wheat and vegetables over the week. However, tea prices rose 13% while maize, gram and eggs prices were up 1% each. Prices of cereals...

At Rs 34 a kg, sugar is bitter for some 29 lakh BPL families who haven’t received a grain of the sweetener at subsidised rate for over seven months now. Every BPL card-holder is entitled to a monthly quota of 1.12 kg sugar from PDS shops at Rs 13.50 a kg while the price in the open market is Rs 34 a kg. Streamlining the public distribution system (PDS) during his tenure,...

THE government seems to be considering a new system to replace the present system of targeted public distribution system (TPDS) with food coupons or direct cash transfer. The ills that plague the present TPDS are well-known and well-documented. The two national surveys, one by Programme Evaluation Organisation of the Planning Commission and the other by ORG-Marg, both at the instance of the Union government, have identified the major problem areas...

A good monsoon forecast strengthens prospects for India to cut sugar imports, free up grain exports and buy more gold as rains boost supplies in the world’s leading consumer of most farm commodities. Annual monsoon rains from June to September are key to firing up growth and farm output and limiting inflation in India, which ranks among the world’s top producers and consumers of sugar, wheat, rice and edible oils and...

It explicitly names newspapers and channels — including some of the biggest groups in the country — seen as having indulged in the “paid news” practice. The report traces the emergence of the paid news phenomenon over years and phases Seeks a pro-active role from the Election Commission in initiating action against offenders “The phenomenon of ‘paid news' goes beyond the corruption of individual journalists and media companies. It has become pervasive,...