-First Post A ten percent spike in food prices could push 30 millions more people into extreme poverty in India, a report by the Asian Development Bank (ADB) has said. Ironically, data released by the Planning Commission on Monday showed that poverty had declined significantly between 2004-2005 and 2009-2010.In absolute terms, there were 35.5 crore poor people in 2009-10 against 40.7 crore five years earlier. As per the data, poverty across the...
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6.1K tonnes foodgrains reported to be damaged in 2010-11: Government
-PTI he government today said out of the 60 million tonnes of foodgrains distributed in the country in 2010-11 though the Public Distribution System (PDS), only 0.061 lakh tonnes were reported to be damaged. The total damage reported during 2010-11 was 0.061 lakh tonnes, out of the total 60 million tonnes distributed in the country in 2010-11, Minister of State for Foods and Public Distribution K V Thomas said in Rajya Sabha. He...
More »RTI applicants in Dang 'threatened'-Yagnesh Mehta
They had waited for six years to know the status of their dues from forest department. Brothers Pandurang and Narayan Gaekwad, tribals from Dang district, had expected a favourable reply to their application filed under Right to Information (RTI) Act. However, what they received on Friday was a threat from an official for seeking to know by when will they receive their money for the 12 teak trees worth Rs...
More »Food Bill implementation to entail Rs 1.12 lakh crore subsidy
-PTI Implementation of the National Food Security Bill will entail a subsidy of a whopping Rs 1.12 lakh crore, Food and Consumer Affairs Minister K V Thomas informed the Rajya Sabha today. Food subsidy as per 1993-94 poverty line and 2000 population census is Rs 88,976 crore and as per the 2011 census it would be Rs 197,096 crore, he said during Question Hour. Additional food subsidy burden for 2012-13 is estimated at...
More »Liberal politics of Economic Survey 2011-12 by Richard Mahapatra
The Economic Survey 2011-12 showcases the dividends of economic liberalisation started by the ruling party. But admits: growth is not possible without agriculture During the last financial year there were talks of the Indian economy finally decoupling from agriculture thus monsoon. The Economic Survey of 2011-12 disagrees with that. The survey has re-emphasised that whatever economic growth happened in the last fiscal it was due to agricultural growth. India recorded the...
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