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'Food bill to cost 2.38L cr/yr'-Subodh Varma

-The Times of India How much would it cost the central government to provide grain to the whole country at affordable prices? A calculation by the Delhi-based advocacy group Centre for Budget & Governance Accountability (CBGA) puts the figure at Rs 2,38,471 crore for one year. In the current financial year (2012-13), the Centre spent Rs 75,366 crore on the food subsidy, that is, about 0.74% of the gross domestic product....

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Asia faces challenge of feeding 5b by 2030: ADB Bangladesh -Sangbad Sangstha

-New Age Asia’s ability to keep food prices in check and ensure long-term regional food security will require the region’s farm to market supply chains to become more efficient and cost-effective, says a new Asian Development Bank  study. The Study titled ‘The Quiet Revolution in Staple Food Value Chains: Enter the Dragon, the Elephant and the Tiger’, was produced by ADB and the International food Policy Research Institute in response to the...

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Kejriwal Alleges Irregularities in Delhi Jal Board

-Outlook Aam Admi Party convenor Arvind Kejriwal today persisted with his attack on Delhi government for the second successive day, accusing it of irregularities in Delhi Jal Board and effecting 18-fold hike in the water tariff in last nine years. "Our water bill, which was Rs 74 nine years ago has swollen to Rs 1,375, which is an 18-fold growth. This is due to corruption in water distribution system under which a...

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On the waterfront -Anil Sasi

-The Indian Express The national water framework law proposed by the Union government could not be more timely. Even as the onerous task of persuading state governments to accept the idea remains unfinished, the proposed framework, as an overarching statement of general principles that lays down the broad contours within which the Centre, the states and the local bodies can exercise their respective powers on exploiting water, is a comprehensive step...

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Understanding FDI in Retail: What Can Economic Principles Teach Us? -Abhirup Sarkar

-Economic and Political Weekly The recent debate on the acceptability of foreign direct investment in the retail sector in India has been mostly political. It is necessary to look into the pros and cons of FDI in retail from a purely economic point of view. This article identifi es the safeguards that should be undertaken before allowing giant multinationals to function in the country. Abhirup Sarkar (abhirup@isical.ac.in) is with the Indian Statistical...

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