Ultimately, the answer lies in increasing farm production and productivity The Chairman of the Economic Advisory Council to the Prime Minister, C. Rangarajan, on Tuesday suggested that people Above the Poverty Line (APL) could be considered for the mandatory food security scheme by limiting the subsidised foodgrains entitlement of Below the Poverty line (BPL) beneficiaries to 30 kg per month per family (instead of 35 kg). “An alternative is to give the...

The Union Environment Ministry has formed a fresh panel to look into the alleged violation of forest rights of tribals in Niyamgiri hills, where it has held up clearance to the bauxite mining project of Vedanta Resources. The Ministry, in a notification on Tuesday, announced a four-member panel to be headed by NC Saxena from National Advisory Council (NAC). S Parasuraman from Tata Institute of Social Sciences, Promode Kant and Amita...

It is the availability of adequate foodgrains to meet the mandatory requirements under the proposed National Food Security Bill that worries the government, not the enhanced subsidy such a move would entail. From what the government is planning it appears that the subsidies on petroleum products would go to meet the requirement of providing cheap foodgrains to the poor under the Public Distribution System (PDS) and to bring the Above...

The government may shift to per capita allocation of foodgrains and raise the price of wheat and rice meant for the Above the Poverty Line (APL) population under the Public Distribution System (PDS) to meet the objectives of the proposed National Food Security Bill. Raising the price of APL foodgrains is an “unavoidable adjustment,” the Planning Commission has said in a note it has prepared for the Sonia Gandhi-headed National...

Driven by spiralling prices of essential items, inflation surged into double digits at 10.16 per cent in May, the highest in the last 19 months, adding to the woes of the common man. Soaring inflation, according to analysts, may prompt the Reserve Bank to tighten liquidity at its quarterly monetary policy review scheduled next month. The essential items which have become expensive, directly hitting the pocket of the common man, include pulses,...