-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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Farmers descend on Jantar Mantar with a slew of demands -Gargi Parsai
-The Hindu They vow to stay put in Delhi till their demands are met Reeling under price rise and dipping returns for their produce, thousands of farmers from all over the country poured into the capital on Monday to start a mahapanchayat, demanding, among other things, a farmers’ income commission to guarantee a minimum livelihood income. Opposing diversion of farmland for other purposes, they wanted the government to impose a moratorium on land...
More »Economic Survey 2013: Indian agriculture largely a success story
-The Economic Times It is consoling that despite a deficit of 8% in south-west rainfall during 2012-13 compared to its long period average (LPA), agriculture's contribution to GDP growth is likely to be around 1.8%. It is also good news that the revised figure of agri-GDP for the 11th Plan as a whole is 3.6%, up from 3.3% estimated earlier. Gross capital formation in agriculture as a percentage of agri-GDP has almost...
More »KV Thomas, Food Minister interviewed by Ragini Verma and Liz Mathew
-Live Mint In an interview, India’s food minister says the Bill is about making the Right to Food a legal entitlement Prospects for the National Food Security (NFS) Bill—United Progressive Alliance (UPA) chairperson Sonia Gandhi’s dream legislation—haven’t looked better. Food minister K.V. Thomas, in charge of fine-tuning the contours of the Bill, is confident of steering it through Parliament during the budget session. In an interview, Thomas said the Bill isn’t merely...
More »Cash transfers to tame food price spiral-Ashok Gulati and Shweta Saini
-The Economic Times Food inflation in India, as measured by food articles price index, has averaged 11.3% for the period FY 2008-09 to December 2012, with a maximum of 15.6% in 2010-11 and minimum of 7.3% in 2011-12. In December 2012, wheat prices stood 23% higher than in December 2011, and rice prices 17% higher in the same period. Although this spurt in wheat and rice prices in the face of...
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