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16-53% increase in kharif MSP by govt may stoke food inflation

-The Economic Times The government has increased the minimum support price (MSP) for the kharif season in a range of 16% to 53% to motivate farmers and compensate for higher input costs but the higher purchase prices could stoke food inflation further.  The Committee on Economic Affairs ( CCEA) on Thursday raised the MSP of paddy by Rs 170 per quintal and those of oilseeds like groundnut, sunflower seed and niger seed...

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Govt should stay off acquiring land for pvt projects'-Prasad Nichenametla

A parliamentary panel has sought to put strict safeguards on the government’s powers to acquire land and recommended that no plot under cultivation be taken away unless as a last resort. The recommendation — one of many on the Land Acquisition, Rehabilitation and Resettlement Bill, 2011 — seeks to give a leg-up to food security, but if accepted, could pose a challenge to the expansion of industries. “The concept of food security...

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Govt mustn’t buy land for private parties: House

-The Times of India A parliamentary panel has recommended that government keep away from land purchase for private parties, contrary to the provision made in the pending land acquisition bill, striking at the heart of the Centre's plan to facilitate acquisition for industry and townships with better compensation. The standing committee's blanket bar on acquisition for private bodies, including Public Private Partnership for projects defined as public purpose, strikes down the clause...

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Brace for price rise, kharif MSP may be raised up to 30%-Rituraj Tiwari

Consumers may have to pay substantially more for pulses, oilseed, and rice in the coming months if the government accepts the recommendations of an expert panel to increase farm-gate price of these commodities by up to 30%, further stoking food inflation. The Commission on Agricultural Costs and Prices (CACP), under the ministry of agriculture, has recommended a 25% rise in the floor price of cotton, 16% rise in paddy, 30% rise...

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Food for thought: The PDS saga-CJ Punnathara

In the mid-eighties there was a rumour which later turned out to be true: US livestock were being fed with foodgrains in order to ensure better quality of their meat. Later it proved to be corn and not fine cereals like wheat and rice. The Indian intelligentsia was appalled and indignant: How come cows and buffaloes were fed with grains while millions of people continued to live below the poverty line...

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