Following a hike in the prices of petrol, diesel, gas, milk prices have also gone up. Between January 2007 and March 2010 the price of milk rose seven times in Delhi. The story is similar elsewhere in the nation too. In the last one year, prices increased from Rs 17 to Rs 22 a litre. In some cities, like Mumbai, the rise has been steeper. Earlier, it was pulses that were burning...
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Will India's rising inflation lead to social unrest? by Paranjoy Guha Thakurta
Earlier this week, India's opposition parties came together in a rare show of unity to take to the streets in cities across the country. They protested against the government's recent decision to raise fuel prices after it scrapped its subsidy of petrol prices in an effort to cut the budget deficit. Supporters of the right-wing Bharatiya Janata Party joined hands with their ideological rivals among the Communists to paralyse normal life in...
More »Govt to dish out online food account for ration-card holders
THE government is planning to transfer food entitlements to ration-card holders through an electronic system, once the public distribution system (PDS) is linked to the unique ID, or Aadhar’s central data repository. This would enable state governments to directly tell residents—who will have to have an online account linked to Aadhar—about their entitlements, a discussion paper with the Unique ID Authority points out. Entitlement details would be updated monthly through...
More »Law to ensure cheap grain for poor
The government will enact a legislation to ensure subsidised Wheat and rice to the poor, finance minister Pranab Mukherjee said at a seminar titled Bringing Green Revolution to Eastern States. “We are committed to enacting a legislation on food security (called National Food Security Act). But to make it successful, we need to produce more, procure more and strengthen the delivery mechanism for making foodgrain accessible to the poor at affordable...
More »Need to boost production to achieve food security: FM
Finance Minister Pranab Mukherjee today said that the government will enact a legislation to provide subsidised Wheat and rice to poor, but to make it a success there is a need to boost production and strengthen delivery system. "We are committed to ensure Food Security Act and to make successful, we need to produce more, procure more and strengthen delivery mechanism for making accessible and affordable," Mukherjee said while addressing...
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