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Repeating a mistake

-The Business Standard Govt controls will raise prices of pulses and oilseeds The food and consumer affairs ministry has proposed that stockholding limits on pulses and edible oils be retained for another year beyond October. In addition, it wants these curbs extended to rice, too. This is misguided, and will cause more problems than it wants to resolve. Instead of controlling prices, as is intended, these restrictions on trade will instead...

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Monsoon revival unlikely to boost food production; food prices likely to go up- Rituraj Tiwari

-The Economic Times A late revival of monsoon may have narrowed the rain deficit to single digit (9%) but it is unlikely to help boost food grains production. "There would be a decline in the overall food grains production. There would be some drop in the production of pulses and coarse cereals," said Agriculture Secretary Ashish Bahuguna. He said the indication will start coming after the first advance estimates of the kharif...

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Organic food is not healthier, finds study -Kounteya Sinha

-The Times of India Hooked to organic food for its supposed health benefits? Here's some food for thought. In the largest analysis of studies till date on organic food, researchers from Stanford University have said there is "little evidence of healthier benefits from organic food over those grown conventionally". The researchers found no difference in protein or fat content between organic and conventional milk. No consistent differences were also seen in the...

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A Bill that asks too much of the poor-Jean Drèze & Reetika Khera

-The Hindu Instead of rigid targeting, the government must build on the success of the public distribution system which is quietly becoming a significant means of social support In earlier writings, we have drawn attention to the quiet revival of the public distribution system (PDS) in many States during the last few years. Market prices of PDS commodities — mainly rice and wheat — have sharply increased, giving people a much greater...

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Monsoon rally sees near 100% rain in August -Amit Bhattacharya

-The Times of India The monsoon in August has beaten most expectations, including the India Meteorological Department's outlook of 96% rain for the month, by registering 99.6% of normal rainfall (till August 29). The rain rally, particularly impressive in north India, has raised hopes of a better than expected kharif crop output. The overall monsoon deficit now stands at 12%, considerably better than 19% when the month began. The northern states, which...

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