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Good wheat crop to ease inflation: Montek

A good wheat crop this season is likely to ease the near double digit inflation in the next 2-3 months, Planning Commission Deputy Chairman Montek Singh Ahluwalia said today. "This season very good harvest (wheat) is coming in. There is ample stock of foodgrain in the country. So the inflation psychology would be broken," Ahluwalia told reporters here. The wholesale price index (WPI) is currently nearing the double-digit mark, with the March-end...

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Justice Wadhwa Committee slams the PDS

The Central Vigilance Committee on Public Distribution System (PDS) headed by Justice (rtd) DP Wadhwa has come down heavily on the Public Districution Syetem in its recently submitted report. The committee has ruled that the whole system of procurement and distribution of food grains is built on corruption and its benefits to the poor are low. His prescription: Innovative methods to improve the system. "The whole system has to be...

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Work out a bankable plan by Devinder Sharma

At a time when granaries are overflowing, and stockpiles of food are rotting in the open, India is preparing to bring in a National Food Security Act. Saddled with the world’s largest population of hungry and malnourished, the draft bill certainly provides a ray of hope for the hungry millions. If enacted properly, it can turn appalling hunger into history. But if the intention is to only repackage old wine in...

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Directionless in Agriculture by Bharat Jhunjhunwala

The growth rate of agriculture was three per cent and that of manufacturing was 4.5 per cent during the first three decades after independence. The growth rate for agriculture has slipped to 2.8 per cent while that for manufacturing has increased to 6.4 per cent during the last 15 years. Farmers continue to commit suicides across the country. The groundwater level is declining. The country has to import wheat, edible...

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Right to Food Campaign activists seek debate on proposed food security Bill by Gargi Parsai

The Right to Food Campaign on Tuesday expressed its disappointment with the “narrow manner'' in which the proposed food security Bill was being formulated and sought a public debate on the subject. They resolved to intensify their efforts to secure a legal right to food and nutrition for all. At a meeting with Union Food and Agriculture Minister Sharad Pawar, a delegation of activists said the proposal to provide 25 kg...

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