-The Business Standard Demand-side control cannot be an answer beyond a point to India’s persistently high food price inflation, the World Bank said on Monday. Consumer price-based food inflation in India has been at 10-20 per cent for quite a long while, noted its report on ‘Food inflation in South Asia’. The Bank’s chief economist for the region, Kalpana Kochhar, said controlling inflation in India was a difficult job for the Reserve Bank...
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Give food some thought by Surinder Sud
Reforms in the supply-chain system can help India tackle the demand-supply mismatch in essential food items Food inflation may have dropped to single digit but since that fall is set against last year’s elevated double-digit base, it continues to hurt the poor — 65 per cent of their disposable income goes towards food. The government often defends its failure to tame inflation by arguing that it has no magic wand to...
More »Will the food security Bill ensure nutrition for the poor? by Sreelatha Menon
States are expected to take responsibility for this, but the Bill ignores the nutritional crisis altogether K V Thomas Minister for Food The inclusion of iron supplements, protein, dairy supplements and vegetables can be done gradually - this Bill is just the beginning The food security Bill will certainly ensure nutrition but it is the states that have to take steps for that. The draft Bill approved recently by the Group of Ministers is...
More »Challenging the poverty dimension of inflation by Madan Sabnavis
A perverse, yet novel reason put forward to explain high inflation is that the poor are eating more as they are becoming less poor. The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) has been extolled for being responsible for higher consumption, which in a way is a vindication of high inflation. The extended logic used here is that if the poor are eating more and we are paying high...
More »Bihar's per capita expenditure lowest in country
-TimesWireService.Com Patna/ New Delhi: Bihar Continues To Be At The Bottom Of The Ladder So Far Monthly Per Capita Expenditure (mpce) Is Concerned. Punjab, Kerala And Maharashtra Continue To Top The List. According To The 66th Round Of The Household Consumption Expenditure Survey Released By The National Sample Survey Office (nsso) On Friday, Rural Bihar With Just Rs 780 Has The Lowest Monthly Per Capita Expenditure (mpce) In The Country To...
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