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Granaries full, but cereal prices up 20% -Surojit Gupta & Sidhartha

-The Times of India The Centre is blaming state governments for a near 20% rise in cereal prices despite overflowing granaries that have record stocks, and suspects that hoarding and high state levies are causing the spike. The latest wholesale price inflation data showed that the price increase in this segment was estimated at over 19%. According to the consumer price index, inflation is of the order of 17%. Last month, Food...

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Maharashtra faces worst drought in 40 years -Prafulla Marpakwar

-The Times of India MUMBAI: Summer may still be a couple of months away but in 3,905 villages in 12 districts of Marathwada and western Maharashtra, faced with one of the worst droughts since 1972, people have started migrating to Mumbai and neighbouring Gujarat, Karnataka and Andhra Pradesh. A high-ranking bureaucrat said situation in five districts—Ahmednagar, Aurangabad, Jalna, Beed and Osmanbad—is so bad that the existing drinking water will last only till...

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The wrong direction

-The Business Standard Budget underestimates food, fertiliser subsidies If the projections in the 2013-14 Budget are to be believed, subsidies on food and fertiliser which, along with petroleum subsidy, account for nearly 95 per cent of total subsidies are unlikely to rise much in the next financial year. This prognosis, reflected in an increase of just Rs 5,000 crore in food subsidy allocation and no change in the fertiliser subsidy, is odd;...

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Abandoning the Right to Food-Ankita Aggarwal and Harsh Mander

-Economic and Political Weekly The proposed legislation on the National Food Security Act has been steadily watered down since it was fi rst mooted in 2009. The Parliamentary Standing Committee that examined the 2011 Bill has disappointingly continued with "targeting". If the government passes the bill incorporating the committee's suggestions, a historic opportunity to combat hunger and malnutrition would be lost. Ankita Aggarwal (aggarwal.ankita87@gmail.com) is a Research Scholar at the Centre for...

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Runaway food prices highlight the need to unshackle the farm sector

-The Times of India Why isn't aam admi smiling? The question's relevant, since some cheer's apparent in government circles over wholesale price index-based inflation falling to 6.62% in January. Headline inflation, it's said, will drop further by March-end. To common people, the WPI inflation figure's a meaningless number. If WPI inflation's dipped a fourth successive month, food prices have been riding high for far longer. Policymakers periodically recommend release of foodgrains from...

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