-The Business Standard The implications of the food security Bill remain worrying The revised draft of the food security Bill, approved by the Cabinet Committee on Economic Affairs (CCEA) on Tuesday, marks some distinct changes over the draft introduced in Parliament in 2011. However, it may still not fully satisfy either the states or activists. While it retains the overall population coverage of 75 per cent rural and 50 per cent urban,...
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'Rural wage hike pushing inflation, posing challenge for RBI'
-PTI About 20 per cent increase in wage inflation is building up price pressure on food articles and is posing a big challenge for RBI to cut policy rates, an industry body said today. "Near 20 per cent annual increase in the wage inflation in rural areas is building up price pressures on food articles like cereals, rice and wheat, and is posing a big challenge for the Reserve Bank which is...
More »Food prices push retail inflation
-The Times of India Retail inflation soared in February on the back of stubborn food prices sustaining pressure on consumers and complicating the policy choice for the central bank. Data released by the Central Statistics Office (CSO) on Tuesday showed the inflation rate based on all-India general CPI ( consumer price index) for February was 10.91% compared to 10.79% for the previous month. The inflation rates for rural and urban areas for...
More »Food prices worry govt ahead of 2014 elections -Rajeev Deshpande
-The Times of India The Manmohan Singh government's mission in a pre-election year seems cut out: To check and roll back retail food inflation that rose from 4% in January last year to 13% in December, a trend that could blight its 2014 poll ratings. With food prices accounting for half of overall inflation, this group stayed above 10% most of last year, higher than the overall consumer price index figure of...
More »UPA’s addition to health budget falls short of requirements-Kirthi Rao and Vidya Krishnan
-Live Mint Critics say inadequate funding is also a reflection of the govt abdicating its responsibility in providing healthcare facilities The United Progressive Alliance (UPA) government’s ‘health for all’ slogan could remain just that as the addition in the budget for health in the next financial year is Rs.7,000 crore, which experts said falls far short of the amount needed to start making universal health coverage (UHC) a reality. Some critics say...
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