-The Economic Times Governor of the Reserve Bank of India, D Subbarao said on Tuesday that India's food inflation was fanned by change in dietary habits. Commenting on high inflation, Subbarao said that underlying drivers of inflation have changed. "India needs to address challenge of food inflation. Food inflation has substantially come down but over the last 3.5 years since 2008-2009, average food inflation has shot up higher than the past 6...
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‘Rural wages scheme, Food Security Bill can stoke inflation’
-The Indian Express Reserve Bank of India Governor D Subbarao on Tuesday cautioned that policies — the significant increase in rural wages triggered by the MGNREGS and inflationary implications of the proposed Food Security Bill — aimed at inclusive growth can stoke inflationary pressures at any rate in the short-term. “The need for making growth inclusive is incontestable, but it is important to recognise that policies aimed at inclusion can stoke inflationary...
More »Mayawati trashes MNREGA scam charges, calls Rahul's concern for weavers politically motivated by Ashish Tripathi
Rebutting union rural development minister's allegation of corruption in implementation of MNREGA in UP, chief minister Mayawati on Saturday said that the accusations are politically motivated and misleading. As per the evaluation of MNERAGA cell of the union government, UP has been among the best performing states in last four but all of sudden the corruption charges have cropped up, she said, which shows that there is more politics than genuine...
More »States oppose funding formula mooted in food security bill by Sandip Das
Several state governments have come out strongly against how the centre has planned the resource mobilisation for the national food security law, a key initiative of the UPA-II government. States including those ruled by the Congress party has complained to the Union food ministry that legal entitlements for subsidised grain to a large section of the population as envisaged in the Bill would put an enormous financial burden on them....
More »PDS in peril by R Ramakumar
The promotion of the PDS as an Aadhaar application would fundamentally alter its form and character. NO scheme of the Indian government would be transformed more fundamentally by Aadhaar than the public distribution system (PDS). The nature of this transformation appears to be taking the form of a virtual dismantling of the PDS; even if a skeletal fair price shop (FPS, or ration shop) system continues to exist, it is likely...
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