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Food Inflation in India to Climb on Labor, Energy Costs, Commission Says by Prabhudatta Mishra and Pratik Parija

Food-price inflation in India, Asia’s third-largest economy, may accelerate in the second half as farmers are paying 20 percent more to grow crops, according to the commission that helps set minimum farm-product prices. “The cost of production is going up very fast,” Ashok Gulati, chairman of the Commission for Agricultural Costs and Prices, said in a telephone interview yesterday. “The labor cost has gone up dramatically in the past one year...

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BPL poverty cap placed at 46% by K Balchand

Census will be based on automatic exclusion and inclusion criteria The Below the Poverty Line (BPL) census, approved by the Union Cabinet on Thursday, will be an exercise in identifying households that will fit the bill within the poverty cap of 46 per cent of the rural population of India. The identification of the 46 per cent poverty cap, estimated by the Planning Commission, will be done through a set of automatic...

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Stupid to abolish PDS, says Plan panel’s Abhijit Sen

-The Indian Express   A day after the World Bank suggested that India should shrink its public distribution system (PDS) in favour of more cash transfers, Planning Commission Member (Agriculture) Abhijit Sen told select mediapersons it would be “stupid to abolish PDS”. A World Bank review of India’s social sector programmes titled “Social protection for a changing India”, commissioned by the Planning Commission, said though the PDS costs just 1 per cent...

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World Bank endorses cash-transfer of food subsidy to poor

-FnBNews   The World Bank, like many analysts, is in favour of cash-transfer of subsidy for foodgrains to the poor in India. This suggestion was made in a recent report on Social Protection for a Changing India, drafted by the World Bank for the Government of India. Using the National Sample Survey data, the report stated that the Public Distribution System (PDS) continued to absorb substantial public resources at almost 1 per...

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Left behind in a web of debt and poverty by Malia Politzer

The passport office in Hyderabad reported the highest number of passport applications recorded in Indian history (at least 450,000) and it expects an increase of 15-20% this year Jamuna Kunta sits stiffly in a plush red chair at the Hyderabad press club, holding her head proudly erect as she quietly recounts the events leading to her husband’s suicide in Dubai. A farmer from Karimnagar, a rural district in Andhra Pradesh, her husband...

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