-The Hindu Business Line   Input subsidy expenses not contributing to boost productivity The World Bank has said that South Asia's Foodgrain stock management, especially in India, needs to improve to tackle inflation. In its focus on food inflation in South Asia, the bank said that high stocks have led to high wastage due to inadequate storage capacity and technology. According to World Bank's estimates, the Food Corporation of India lost 10-16 million tonnes...

-The Telegraph   Chief minister Arjun Munda today slammed the poverty benchmark fixed by the Planning Commission. “The poverty yardstick is faulty and will put a poor state like Jharkhand at a great disadvantage,” the chief minister told The Telegraph. “How can a person survive on Rs 32 daily in urban areas and Rs 26 in rural areas? Munda asked and sought a central review for the sake of the poor. The fear in...

Union rural development minister Jairam Ramesh has called for removal of ceilings on poverty estimation, which restrict the number of poor who can claim benefits from government schemes. His ministry is currently conducting a decennial (once in 10 years) census of the country's rural poor and a similar exercise will be launched for the first time in urban areas soon. But what is becoming a political issue is the planning commission's acceptance of...

-The Times of India   Speaking at a seminar organized for honouring farmers here on Saturday, Union agriculture minister Sharad Pawar announced that awards should be instituted by all states for honouring innovative work done by farmers in the country. "Rajasthan has already started honouring farmers for their innovative work. The other states should also follow it. I will write to chief ministers of other states to start honouring farmers and give away...

In a startling affidavit before the Supreme Court, the Planning Commission has said an individual income of just Rs. 25 a day constitutes adequate “private expenditure on food, education and health.” The affidavit, submitted on Tuesday, bases its assertion on the findings of the Suresh Tendulkar Committee, which pegged the poverty line at Rs. 447 a month, or about Rs. 15 a day, at 2004-2005 prices. Experts reacted with dismay to the...