As a part of Statewide visit in crop affected areas, the Chief Minister Shri Shivraj Singh Chouhan today reached Daiyarpur village in Vidisha district and comforted crop affected farmers. He informed that the State Government has increased relief amount from Rs 500 crore to Rs 600crore in order to extend maximum financial help to crop affected farmers. No different yardstick will be applied in distribution works. Every affected farmers will...
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New age of intervention in food prices by Rowena Mason
In India, people are upset about onions. Expensive cooking oil is causing hoarding in China, a practice banned by the government. Meanwhile, flour and bread are the main source of riots in Algeria and now Jordan. Worries over food prices are gathering pace and triggering alarm among politicians across the world. For there is nothing more likely to bring down a government than ignoring starving citizens, as Marie Antoinette found to...
More »The real meaning of food inflation by KP Prabhakaran Nair
There is a suggestion circulating in the corridors of our apex monetary regulatory authority, the Reserve Bank of India, that food inflation is beginning to look more ‘structural’ than ‘seasonal’, and it can only be tackled by addressing the supply side. We need to address both demand and supply sides simultaneously to tackle food inflation. While we must be happy that more and more poor eat fruits and cook vegetables...
More »Speculators at work by Alok Ray
If the price rise is due to production shortfall, how does one explain the near doubling of the price within a few days? The sharply rising onion prices have raised the suspicion that speculators are manipulating a shortage situation. First, a few facts. In retail markets, onion prices have soared from Rs 10-11 per kg in June to as high as Rs 70-80 on Dec 21. Even more significantly, prices zoomed by...
More »Tribals starving in Mizoram, claims NGO
Over 4,000 Chakma tribal people in Mizoram have been starving for the past few weeks, a non-governmental organisation said Thursday. "Over 800 Chakma tribal families comprising over 4,000 men, women and children in four villages in Chakma Autonomous District Council (CADC) areas of southern Mizoram have been starving for several weeks," New Delhi based Mizoram Chakma Development Forum (MCDF) said in a letter to the Mizoram government. MCDF president Hemanta Larma said:...
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