Surging food inflation, decline in agriculture growth rate and the impending food security bill are expected to be at the centre of the coming Union budget. With a bumper wheat harvest expected this rabi, there are projections of a turnaround in the farm sector from the present growth rate of 0.2 per cent. Food prices, which grew at an unprecedented rate of nearly 20 per cent in January, are expected...

Galloping food prices have shattered family budgets across the country, with latest inflation data showing that prices rose at nearly 18% in the week ending February 6. Many essentials of Indian kitchens are almost beyond reach; sugar is up by nearly 60%, pulses by 46% and potatoes by 53% over a year. In a country already suffering from chronic malnutrition and low incomes, this trend is a killer. President Pratibha...

The global economic crisis has wiped out developing Asia's recent gains in poverty eradication as the meltdown is expected to have driven 21 million more people in the region into poverty. A joint report by the United Nations and the Asian Development Bank shows that the global economic slowdown has slackened trade, slashed export and tourism receipts and raised unemployment levels. This makes it difficult for the region to achieve its...

The draft Food Security Bill, which has returned to the negotiating table of the Empowered Group of Ministers (EGoM) after a gap, is, among other things, expected to witness discussions on the number of people to be covered by the scheme across the country, whether the other vulnerable sections of the society are to brought within its ambit, whether it should be confined to the distribution of either rice or...

Anxious to ensure fiscal discipline and manage financial resources for its flagship programmes, UPA-2 is considering deletion of the Above Poverty Line (APL) beneficiaries from the ambit of the proposed food security law. It seems garnering money for UPA's pet promise of "food for all" is turning out to be a big headache as a note circulated for the Empowered Group of Ministers (EGoM) has argued in favour of mandating...