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Agri ministry estimates bumper foodgrain output

-The Business Standard   Third advance estimate of 2013-14 says grain production to rise 2.8% India's total foodgrain production in the 2013-14 crop marketing season that ends in June is expected to be around 264 million tonnes, almost 2.8 per cent more than 2012-13, some relief to the next government at a time when monsoon rains are expected to be below-normal this year. According to the third advance estimate of 2013-14 agriculture production, released...

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WPI inflation eases to 5.2% in April-Vrishti Beniwal

-The Business Standard   Food articles inflation dips to 8.64% compared to 9.9% in March Wholesale Price Index-based Inflation fell by 0.5 percentage points to 5.2 per cent in April from 5.7 per cent in March, providing some relief to a new government amid other deteriorating macroeconomic numbers such as retail inflation and industrial output. All three major components of the index - food, fuel and manufactured goods - recorded moderation in inflation on...

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Tablet cop to stop food theft-Sudhir Kumar Mishra

-The Telegraph   Ranchi: Jharkhand has started to digitise its public distribution system (PDS) as a part of the National Informatics Centre's (NIC) pan-India initiative to monitor foodgrain theft, but for now only on a pilot basis across six blocks of as many districts. Part of the larger Rs 160-crore central project, Jharkhand is starting with distributing tablets and hand-held computers to 200 of the state's 22,500 PDS dealers in blocks of Ormanjhi...

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UPA-2’s costly mistake: failure to curb rising prices-Asit Ranjan Mishra

-Live Mint   A key reason for the surge in anti-incumbency faced by UPA has been its failure to curb inflationary pressures New Delhi: A key reason for the surge in anti-incumbency faced by the Congress-led United Progressive Alliance (UPA) has been its failure to curb inflationary pressures for most of the regime's second tenure. While inflation based on wholesale prices averaged 6.1% during UPA-1 (2004-2009), it was a percentage point higher at 7.1%...

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A grain of sense-Aditya Puri

-The Indian Express How Punjab is making the best use of the flawed public distribution system. Inclusive economic growth is a political, economic and social necessity. The question is: what is the right strategy to ensure this? Most of our programmes to help the underprivileged have suffered from leakages and inefficiencies, so that the benefits have not accrued to the targeted groups but the strain on our fiscal deficit remains. Subsidies are...

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