-DNA State policies favouring certain food crops have rendered pulses forbiddingly expensive and the common man is feeling the pinch The huge spurt in dal prices, touching Rs180 per kilogram and even Rs200 in some cities, has come as a dampener to the festive season, and raised questions about the policies of the government. For some years now, India has been resorting to huge imports of pulses to meet domestic demand...
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An intel unit to track food prices -Dipak K Dash
-The Times of India NEW DELHI: With the abnormal rise in prices of essential commodities such as onions, potatos, pulses, tomatoes and edible oils becoming a seasonal affair, the government is considering creation of a specialized entity that can help forecast demand and supply of such items. It will monitor the situation both in the domestic and international markets. The issue came up for discussion at the inter-ministerial committee on prices and...
More »Food prices to remain lower for longer, says FAO report -Deepanwita Niyogi
-Down to Earth Reasons behind the trend include high inventory levels, lower oil prices and renewed strength of the US dollar The Food Outlook report released on Thursday states that agricultural commodities are going through a period of lower prices and less volatility. After dramatic price rise from 2007 till early 2011, cereal and vegetable oil prices are now steady as well as on the decline, the biannual publication of the Food...
More »LPG subsidy transfer: Centre’s savings not more than Rs 143 cr, while it claims Rs 12,700 cr -Udit Misra
-The Indian Express The NDA initially reintroduced DBT for LPG in 54 districts in mid-November 2014, with nationwide roll out to all districts from January 2015. A study by the International Institute for Sustainable Development (IISD) states that the government’s claims of savings due to a shift towards direct benefit transfer (DBT) for LPG (also called PAHAL) are “large overestimates”. IISD has shown that as against the publicly touted figure of...
More »Official Claims of Huge Savings from Direct Benefit Transfer for LPG Don’t Add Up -Damon Vis-Dunbar, Kieran Clarke and Shruti Sharma
-TheWire.in Since April 1, 2015, India’s cooking gas subsidies have been distributed solely by electronic transfer through the Direct Benefit Transfer for Liquefied Petroleum Gas scheme (otherwise known as DBTL or PAHAL). Under this system, which has replaced the direct sale of cooking gas cylinders at subsidised prices, households place an order for LPG with their gas distributor, receive an amount equivalent to the current subsidy amount via electronic transfer to...
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