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Food inflation in double digits after six weeks

-The Business Standard   After lingering tantalisingly close to 10 per cent for about a month-and-a-half, food inflation climbed to double digits for the week ended October 8, signalling that Reserve Bank of India (RBI) may continue with its tight monetary stance in its policy review later this month despite the economy showing signs of a slowdown in growth. As protein-based items turned dearer, wholesale price-based annual food inflation rose by a whopping...

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Priority member should get 7 kg grains: Food bill by Sanjeeb Mukherjee

-The Business Standard   PDS no prerequisite for grain entitlement to general-category families. The contours of the Food Security Bill are firming up, what with the proposed legislation now stipulating a monthly minimum of seven kilograms of grains per person for the country’s priority households. In fact, this category of families — with a pregnant woman, dependent children or a differently-abled member — will get even higher quota depending upon the availability, as...

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Thomas briefs Sonia on food security Bill by Gargi Parsai

Union Minister of State for Food K.V. Thomas on Saturday met Congress president and National Advisory Council (NAC) Chairperson Sonia Gandhi and apprised her of the progress made in the proposed National Food Security Bill. This was the first meeting Mr. Thomas had with Ms. Gandhi since her return after a surgery abroad. “The Minister briefed her about the progress made in the proposed Bill, which has been posted on the Ministry's...

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To the hungry, god is bread by MS Swaminathan

The National Food Security Bill, 2011, designed to make access to food a legal right, is the last chance to convert Gandhiji's vision of a hunger-free India into reality. What Mahatma Gandhi said of the role of food in a human being's life in a 1946 speech at Noakhali, now in Bangladesh, remains the most powerful expression of the importance of making access to food a basic human right. Gandhiji also...

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India needs to curb food wastage to tackle inflation: World Bank

-The Hindu Business Line   Input subsidy expenses not contributing to boost productivity The World Bank has said that South Asia's foodgrain stock management, especially in India, needs to improve to tackle inflation. In its focus on food inflation in South Asia, the bank said that high stocks have led to high wastage due to inadequate storage capacity and technology. According to World Bank's estimates, the Food Corporation of India lost 10-16 million tonnes...

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