Higher support prices for kharif pulses has resulted in a sharp jump in acreage under cultivation and production is estimated to rise to 6 million tonnes in the kharif season of the 2010-11 crop year The support price for wheat is likely to be hiked by a nominal Rs 20 in the rabi season, but the procurement rate for pulses could go up sharply, as the government wants to reduce dependence...
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Spiralling food prices burning holes in pockets by Aditya Raj Das
As the common man continues to reel under the spiraling rise in prices of essential commodities especially key food items and vegetables the forever-rising food inflation is posing a serious challenge to policy makers. Though top government officials, including the Finance Minister and the Chairman of the Planning Commission have repeatedly assured that the food prices will soon stop rising, in reality it has gone the other way. The rising spree...
More »Less than min wages for NREGA workers unconstitutional: Govt by Anindo Dey
The stance of the ministry of rural development stands null and void. At least, as far as officials of the state government are concerned. For most of them that the delegation of the Mazdoor Satyagrah met on Monday agreed in unison that it is unconstitutional to pay MGNREGA workers anything less that the minimum wages. However, officials expressed their inability to pay more and demanded the total component from the Centre. Recently,...
More »Ideal time to export surplus food stocks, say economists by Devika Banerji
Blame stubborn procurement policy as the root of all evil. With the government sitting on heaps of foodgrain and with an acute shortage of quality storage facilities, analysts, some within the government, suggest exporting foodgrain and reviewing procurement policy. The suggestion is gaining ground among advisors and experts, given the current global situation, where wheat prices are on the rise on fears of subdued production in drought-hit countries like Russia, Uzbekistan and...
More »Gap between rich and poor widening: Brinda
Communist Party of India (Marxist) Polit Bureau member Brinda Karat has charged the Centre with formulating economic policies which had allegedly widened the divide between poor and rich. “In the last ten years, the poor became poorer and rich became richer due to the liberal economic policy of the UPA government. The women are the worst affected as they suffer from malnutrition and anaemia,” she said. While addressing Ganatantrik Nari Samiti, the...
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