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Sticky food inflation a combination of fiscal indiscipline, rural wages, global factors -Sanjeeb Mukherjee

-The Business Standard Ashok Gulati in a paper also gave measures to contain the inflation As India's food inflation continues to remain stubbornly high - it was in double digit for the third straight month in February 2013 at 11.38% - a discussion paper floated by eminent agriculture economist and chairman of Commission for Agriculture Costs and Prices (CACP) Ashok Gulati has blamed high fiscal deficit, rising farm wages and global food...

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Punjab facing stagnancy in agriculture: State's Economic Survey-Vijay C Roy

-The Business Standard According to Economic Survey of the state, contribution of primary sector in the GDP of state is continuously declining since 2004-05 Having distinction of being the pioneer of Green Revolution, Punjab is facing stagnancy in agriculture production and constant decline in primary sector's share in state GSDP. According to Economic Survey of the state, contribution of primary sector(which comprises mainly agriculture and allied activities) in the GDP of state...

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Prof. Reetika Khera, Development economist IIT Delhi interviewed by Sreelatha Menon

-The Business Standard Indian Institute of Technology-Delhi professor and development economist Reetika Khera tells Sreelatha Menon that the food Bill may not be a leap ahead, but it is certainly a step forward * The food Bill is a guarantee for lifelong dependence on government doles. As an economist, can one defend such a policy? The food Bill should be seen as an investment. "Labour" is India's most important asset. In that sense,...

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Food Bill may be tabled in House today-Sanjeeb Mukherjee

-The Business Standard Sale price of Rs 3 per kg for rice, Rs 2 for wheat and Re 1 for coarse cereals will be revised every three years The National Food Security Bill is expected to be tabled in Parliament today, after being cleared by the Cabinet earlier this week. The Bill has said that it will be responsibility of the central government to provide assistance to the states in meeting the expenditure...

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Farmers' bodies flay food security Bill

-The Financial Express Leading economists who fear that the cost of the food security law on the exchequer would be much higher than estimated by the government have a seemingly unlikely ally - farmers' groups. A couple of national-level farmers' organisations have opposed the National Food Security Bill, saying it would "lead to nationalisation of agriculture by making the government the biggest buyer, hoarder and seller of foodgrains". Farmers' representatives from a...

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