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Wholesale food inflation at 17-month high

-Business Standard Deflation in manufacturing continues, food inflation picks up Wholesale price index (WPI)-based deflation persisted for a 14th straight month in December, the index dropping 0.7 per cent as compared to one of almost two per cent in November. However, food inflation rose to 8.17 per cent, the steepest in 17 months, from 5.2 per cent. This was on more expensive vegetable and non-vegetarian items, prompting economists to say the Reserve Bank...

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Leaving no poor person behind -Jean Dreze

-The Hindu The National Food Security Act is finally making headway in the poorest States. Amplified by reforms in the Public Distribution System, a modicum of nutritional support and economic security to all vulnerable households is now a real possibility. Dhobargram is a small Santhal village in Bankura district of West Bengal, with 100 households or so. Most of them are poor, or even very poor, by any plausible standard. There are...

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Civil society urges more resources for social sector

Representatives of around 20 civil society organizations and NGOs met the Finance Minister Shri Arun Jaitley as part of pre-budget consultation on social sector on 12 January, 2016. Immediately after the pre-budget consultation, a press conference was held by some of these organizations to convey the media persons what demands/ suggestions were made.   Subrat Das, Executive Director of Centre for Budget and Governance Accountability (CBGA, http://www.cbgaindia.org/) informed us that during...

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Farmers demand remunerative prices, irrigation facilities

-The Indian Express Also seek higher allocation for Price Stabilisation Fund in a pre-Budget meet Farmers’ organisations, food and fertiliser companies and agriculture experts on Monday urged finance minister Arun Jaitely to ensure that farmers get  remunerative prices for their produce and make sufficient Budget outlay to create  irrigation facilities in the remaining rain-fed areas. They also sought increase in the outlay for expanding the number of agriculture market yards and higher allocation...

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PDS: govt losing crores in paddy processing

-The Hindu Business Line Rice millers are making a killing due to policy gaps and old rates, says report The government is losing thousands of crores while rice mill owners are raking in the moolah, said the Comptroller and Auditor General (CAG) in its report tabled in Parliament on Tuesday. The report said mill owners are cashing in on lacunae in the government’s policy on the sale of paddy and rice by-products —...

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