-The Times of India NEW DELHI: Several states want the Centre to foot the bill for all associated expenses such as transportation and commission to ration shops under the Food Security Act when it takes the credit for the scheme. Almost all states including Congress-ruled ones asked the Centre to bear these expenses which is estimated to be around Rs 10,000 crore annually. While most states represented by food ministers on Tuesday...
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Punjab smells profit in basmati -Gurpreet Singh Nibber
-The Hindustan Times Chandigarh: Punjab expects profitable basmati crop this kharif season. The price of Indian basmati already has touched $136 (`8,500) a quintal in the international market, lifting the rate in the state as well. In just 15 days into the harvest season, premium basmati is being lifted for `3,500 a quintal. Last year, the price was about `2,200. Basmati exporters have, so far, bought about 1-lakh tonnes of the product in...
More »Marketing, not hoarding
-The Business Standard Onion crisis is a reminder of the need for retail reform Onion prices in towns have begun, finally, to come down. That follows a fresh harvest of onions in Karnataka and Maharashtra. But the price rise could happen again - unless its causes are realistically ascertained, and the right lessons drawn. The crisis was generally believed to have been triggered by low production, high exports and rampant hoarding. However,...
More »Middle class poised to play greater role in 2014 elections: Zoya Hassan
-The Hindustan Times In recent years, there has been a constant stream of international attention given to the Indian middle class. Thanks to the expansion of this class, India's image has dramatically changed since the 1990s. Instead of the narrative about grinding poverty, India is now seen as the heart of new capitalism that is associated with high rates of growth as well as the consumerist elite and middle classes. The...
More »Food sector reform: Tackling the runaway food inflation train
-The Economic Times Nothing can be more ironic than to have food inflation at 18% (August 2013 over last August) in a country that takes pride in enacting the National Food Security Act (NFSA) and bestowing "the right to food" to 67% of its population by promising 5 kg cereals per capita per month (pcpm) at highly subsidised rates. Given that cereals consumption is 10.7 kg pcpm, people will have to face...
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