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Urgent steps needed to curb rising food and other commodity prices, UN warns

Senior United Nations officials today called for urgent steps to rein in the rising prices for basic farm produce, petroleum and raw industrial materials whose volatility hits the world’s poorest people the hardest.     “Such volatility has huge negative impacts on vulnerable groups, such as low-income households in developing countries, for whom food expenditure can account for up to 80 per cent of household budgets,” UN Conference on Trade and Development...

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Food Security Bill is ready: K.V. Thomas

Tipped as the flagship programme of the second United Progressive Alliance (UPA) government, the proposed Food Security Bill is ready, union minister K.V. Thomas said Saturday. Thomas, who recently was given independent charge of the consumer affairs, food and public distribution ministry, told reporters here that his department was ready with the path-breaking Food Security Bill. 'Early next month, it will be taken up for discussion by the National Advisory Committee and...

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Dispur to hike BPL rice quota

The Congress-led government in Assam is going into an overdrive before the polls to reach out to all sections of the population. Chief minister Tarun Gogoi today announced his government’s decision to increase the quota of rice from 10kg to 20kg rice per family at the rate of Rs 6 per kg under the Chief Minister’s Anna Suraksha Yojana that was launched late last year. The scheme, being funded from the state’s...

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Lip service to inclusive growth by Praful Bidwai

The key to the United Progressive Alliance’s return to power in 2009 lay in its promise of “inclusive growth” centred on the aam aadmi. On top of the launching of the Mahatma Ga­ndhi National Rural Employment Guarantee Act (NREGA), this gave the UPA immeasurably greater appeal and legitimacy than its rivals. But it also entailed obligations to implement other rights-based programmes, on food security, education and healthcare, am­ong others. The National...

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NREGS: 60% rise in funding possible by Jyoti Mukul

The government's biggest welfare programme could see an almost 60 per cent increase in funding. The forthcoming Budget is likely to make a provision of Rs 64,000 crore (Rs 640 billion) for the Mahatma Gandhi National Rural Employment Guarantee Scheme in 2011-12, against Rs 40,100 crore (Rs 401 billion) in the current fiscal. The huge increase in outlay will be mainly on account of two factors: Linking wages under the scheme with...

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