Even as reports pour in of a softening of food price futures, the spectre of food price inflation haunts households across the country. But to imagine that the inflation genie can be put back into the bottle through legislative fiat is the height of parliamentary fantasy. The Estimates Committee of the Lok Sabha has recommended just that! It wants new legislation to check price rise of essential commodities by capping...
More »SEARCH RESULT
Total Matching Records found : 251
A fair food deal for all by Arjun Sengupta
The Indian economy is picking up and should be able to expand at eight to nine per cent. It is high time that the government initiates a universal public distribution system covering at least the essential commodities. Incomes of the rich will go up and India will be a major player in the world when it revives. But the bulk of the population, about 70 per cent, will remain poor with...
More »Food dilemma: High prices or shortages
For a man who will inherit vast tracts of fertile farmland in Punjab, India's grain bowl, Jaswinder Singh made what seemed to him a logical career move -- he took a job with a telecoms company in New Delhi. "I can't go back to the village after an M.B.A. Delhi has more money, better quality of life. The job is more satisfying, and you don't depend on the weather or...
More »Floods hit crucial crops by Gargi Parsai
Government may cut the import duty on rice, says official Paddy and sugarcane production may be lower owing to the floods Agriculture Commissioners of affected States assessing the situation Crucial paddy, onion, sugarcane, and horticulture crops have been lost in the floods in Karnataka, Andhra Pradesh and Maharashtra, though the quantum of loss is being assessed. Paddy and edible oil crops have already been affected by the drought in the northern States,...
More »Food inflation could get worse
NEW DELHI: Floods that have ravaged parts of southern and western India is likely to hit the grain production in the country, leading to higher prices of essential commodities such as rice, pulses, jowar, bajra and certain category of vegetables. While the extent of the damage caused by the sudden burst of floods in Karnataka, Andhra, Maharashtra and Goa is yet to be assessed, the governments at the Centre and...
More »
