-Reuters Cotton farmer Ravindra Krishna Patil in Maharashtra should be feeling flush after strong monsoon rains and a good crop, but high costs have cast a pall over his preparations for the festive season. Instead of splashing out on gold jewellery, appliances or maybe even a car during the biggest shopping season of the year, 28-year-old Patil must count his rupees after costs of everything from fuel to labour soared while cotton...
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India needs to curb food wastage to tackle inflation: World Bank
-The Hindu Business Line Input subsidy expenses not contributing to boost productivity The World Bank has said that South Asia's foodgrain stock management, especially in India, needs to improve to tackle inflation. In its focus on food inflation in South Asia, the bank said that high stocks have led to high wastage due to inadequate storage capacity and technology. According to World Bank's estimates, the Food Corporation of India lost 10-16 million tonnes...
More »Thousands then, four now: Akhil power play on
-The Times of India Krishak Mukti Sangram Samiti (KMSS) general secretary Akhil Gogoi is known for drawing huge crowds in his demonstration programmes. But on Monday, when the RTI activist launched an indefinite sit-in stir against the recent hike in electricity tariff, he had only three men and a woman by his side. Is people's support for his campaign on social issues on the decline? Akhil reacts instantly. "The government...
More »Naxal fight takes development route
-The Times of India Maoist-affected districts across the country might have seen years of neglect by successive governments, but a new Central scheme - Integrated Action Plan (IAP) - under the UPA-II is fast filling up the 'critical gap' in those 'deficit zones' through taking up a number of development projects. As many as 67,072 basic infrastructure projects across 60 districts in nine states have been taken up at Rs 2,740...
More »Cash Transfers as the Silver Bullet for Poverty Reduction: A Sceptical Note by Jayati Ghosh
The current perception that cash transfers can replace public provision of basic goods and services and become a catch-all solution for poverty reduction is false. Where cash transfers have helped to reduce poverty, they have added to public provision, not replaced it. For crucial items like food, direct provision protects poor consumers from rising prices and is part of a broader strategy to ensure domestic supply. Problems like targeting errors...
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