-PTI Pitching for direct cash transfer of food subsidy, Planning Commission deputy chairman Montek Singh Ahluwalia on Tuesday assured this would not result in dismantling of current system of procuring grains at minimum support price (MSP) and distribution through PDS. "...about the cash transfer (of subsidy), the accusation is that you want to dismantle the PDS. This is completely wrong because there is no question of dismantling the minimum support prices," Ahluwalia...
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Rural India Spending High Amount on Protein Food: Crisil
-Outlook Rising income levels in rural areas have led to an unprecedented demand for protein-based food items, leading to sustained pressure in headline inflation, says a Crisil report. "Rising incomes in rural areas are fuelling greater spends on protein products such as milk, eggs and meat in the hinterland. Overall spending in the country on protein food doubled to Rs 2 lakh crore in 2009-10 from 2004-05. Two-thirds, or Rs 1.33 trillion,...
More »Rising incomes fuel rural spending on proteins
-The Times of India Rural India is spending more on protein products such as milk, eggs and meat due to rising income as overall spending by Indians on protein foods doubled to Rs 2 lakh crore in 2009-10 from 2004-05, a study showed on Monday. The study by ratings agency Crisil said that two-thirds of this spending came from rural households. But while more rural Indians are getting protein in their diets,...
More »BPL families pitch for subsidized PDS: Study
-The Times of India With finance minister P Chidambaram recently declaring at a full Planning Commission meeting that cash transfers may replace subsidies for food, fertilizers and fuel by the end of the 12th five-year Plan, the controversial proposal has again taken centre stage. A recently concluded pilot project which substituted ration cards with Rs 1,000 transferred monthly to families throws light on the pros and cons of the scheme. The study...
More »72% of Indian urbanites heart-unhealthy
-The Times of India MUMBAI: Good cholesterol spells bad news for Mumbaikars. A new survey analyzing risk factors for heart diseases among Indians shows that 54% of Mumbaikars over 30 have low levels of good cholesterol, better known as HDL. Since HDL draws out the body's excess fatty cholesterol molecules and ejects them through the liver, Mumbaikars have a reason to worry. But it isn't only Mumbai. The survey found that across...
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