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After foreign investors, government balm for aam aadmi -Rajeev Deshpande

-The Times of India An SMS alert that tells the position of stocks in ration shops. A front-to-back computerization tracking food grain movement from procurement to rations shops. And a swipe card to allow BPL users to access subsidized food grain. A two-stage Rs 4,200 crore recast of India's notoriously leaky public distribution system (PDS) is likely to considered by the Cabinet on Monday along with a Rs 1.25 lakh crore expansion...

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The era of cheap food may be over-Larry Elliott

-The Guardian A spike in prices caused by poor harvests and rising demand is an apt moment for the west to reassess the wisdom of biofuels The last decade saw the end of cheap oil, the magic growth ingredient for the global economy after the second world war. This summer's increase in maize, wheat and soya bean prices – the third spike in the past five years – suggests the era of...

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NSSO figures call Narendra Modi's bluff on malnutrition -Subodh Varma

-The Times of India Whichever way you slice and dice the data, Gujarat chief minister Narendra Modi's statement about causes of malnutrition in the state he has been ruling for over a decade is wrong. In an interview to the Wall Street Journal, Modi had said malnutrition exists in Gujarat because it is "by and large a vegetarian state" and also because it is a middle class state which is "more...

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Resurgent agricultural sector to have larger share in economy-Vinay Pandey

-The Economic Times A change in the national accounts, slated to take place sometime in the next two years, will show that a resurgent farm sector is now the second biggest contributor to the economy, displacing manufacturing and financial services. The unexpected reversal is not just a statistical artefact. Instead it is an outcome of a change in the terms of trade, the price of agricultural produce compared to industrial output since...

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RURAL URBAN GAP SHRINKS BUT INEQUALITY RISES

The much awaited results of the National Sample Survey have once again spilled the beans about India’s effort in fighting poverty. The provisional results of the 68th Round of National Sample Survey (NSS) of household consumption expenditure (which is often taken as a proxy for income) finds that the average monthly per capita expenditure (MPCE) at current prices in urban areas (Rs. 2401.68) is 1.87 times more than the average...

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