-IANS India's mammoth exercise to issue a unique identification (UID) number to each of its 1.2 billion population has attracted the attention of many nations, and diplomats got a glimpse of what changes in governance could be brought about from the project's pioneer Nandan Nilekani himself. Nilekani told the 100 odd diplomats from several embassies based in the capital Wednesday that the UID Authority of India's effort was to provide an instrument...
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Dealing with grain glut
-The Business Standard This year’s paddy procurement season has started with foodgrain stocks being more than double the buffer stock norms. An increase in grain stocks will put a strain on the already-scarce warehousing space, with consequences for safe storage and usability. Thus, excess holding of grains ought to be avoided. Maintaining a stockpile of nearly 55 million tonnes, with average economic cost of wheat and rice being Rs 18,000 per...
More »EGoM on food deferred due to differences among ruling allies
-PTI A meeting of the Empowered Group of Ministers (EGoM) on food, headed by Finance Minister Pranab Mukherjee and scheduled for today, has been postponed due to differences among ruling allies, especially the NCP, over the sugar export policy. The meeting was deferred as the NCP leader and Agriculture Minister, Sharad Pawar, wanted a clear policy on sugar export for 2011-12 to be decided this month, but Food Minister KV Thomas was...
More »World population to hit 7 billion
-AP Severe stress on food, water and jobs She's a 40-year-old mother of eight, with a ninth child due soon. The family homestead in a Burundi village is too small to provide enough food, and three of the children have quit school for lack of money to pay required fees. “I regret to have made all those children,” says Godelive Ndageramiwe. “If I were to start over, I would only make two or...
More »Food inflation in double digits after six weeks
-The Business Standard After lingering tantalisingly close to 10 per cent for about a month-and-a-half, food inflation climbed to double digits for the week ended October 8, signalling that Reserve Bank of India (RBI) may continue with its tight monetary stance in its policy review later this month despite the economy showing signs of a slowdown in growth. As protein-based items turned dearer, wholesale price-based annual food inflation rose by a whopping...
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