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Cash transfers can save Rs 30,000 crore per year in food subsidies: Shanta Kumar -Dipak K Dash & Surojit Gupta

-The Times of India NEW DELHI: Conditional cash transfer instead of providing grains at subsidized rates to the poor under the Food Security Act can save at least Rs 30,000 crore annually, said Shanta Kumar, chairman of a panel set up to revamp the state-run Food Corporation of India (FCI). Kumar said linking cash transfer to conditions such as constructing toilets was one of the several options being considered to ensure every...

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Moderate inflation is a passing phase: Economists -Ishan Bakshi

-Business Standard A monsoon deficit is likely to affect the agriculture output, which could have an impact on the food inflation The sharp fall in inflation over the past few months has raised the clamour for interest rate cuts. With the Consumer Price Index (CPI) falling to 5.5 per cent in October from 6.5 per cent a month ago, which is below the central bank's target of six per cent by January...

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October CPI inflation dips to 5.52%, touches historic low

-Business Standard Overall food inflation measured on CPI came down to 5.59% in Oct as against 7.67% in the previous month The Consumer Price Index (CPI) based inflation rose to 5.52% in October compared to the same period last year, its lowest rate since the government started releasing the data in February 2012. For September, CPI inflation was 6.46%, making October's numbers the third consecutive month that retail inflation has eased. According to...

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Time for another Green Revolution -Raju Barwale

-The Hindu Business Line Now that the gains from the first round have petered out, we need to embrace biotech to boost farm productivity As India seeks to ignite the next agrarian revolution, it must try and absorb some of the lessons of the Green Revolution. Currently, agricultural productivity and growth vary from State to State, resulting in regional disparities. Through targeted policymaking, investment in rural infrastructure and research, and ongoing support...

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80% of grants for finding solutions to improve agricultural yield spent in US, UK, Europe -Kounteya Sinha

-The Times of India LONDON: Majority of the $3 billion spent by the world's leading philanthropic organization - the Bill and Melinda Gates Foundation on finding solutions around improved agricultural yield to benefit the world's poorest and hungry people, has been spent in the US, Britain and other rich developed nations. Grain, a research group based in Barcelona said on Tuesday that over 80% of the grants were given to organizations in...

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