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Economic Survey: Rural job freeze plan leaves Jairam fuming

-The Economic Times   Could the Centre freeze the job guarantee scheme during peak agriculture season?  The controversial demand from the agriculture ministry found an echo in the Economic Survey released on Thursday, but was quickly dismissed by rural development minister Jairam Ramesh. While lauding the flagship scheme, the survey listed a few other measures as the way forward. "While the overall performance of MGNREGS has been good, there is scope for improvements...

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Inflation rises to 6.95%in February

-PTI Inflation rose to 6.95 per cent in February because of sharp increase in food prices, especially vegetables and protein-based items. Inflation, as measured by the Wholesale Price Index (WPI), was 6.55 per cent in January. In February, 2011, it was 9.54 per cent. According to the official data released on Wednesday, food inflation was 6.07 per cent in February against (-) 0.52 per cent in January. Pulses turned expensive by 7.91 per cent and...

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'Increase in production to help in controlling prices'

-The Indian Express   Increasing farm production and removing market imperfections would help in controlling prices of commodities, a report has said. The report on 'State of Indian Agriculture 2011-12', tabled in the Lok Sabha, said that the principal factors behind the higher levels of inflation in the recent period are constraints in production and distribution especially in high value items such as pulses, fruits and vegetables, egg and meat. Increase in prices can...

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Food policies not working: Gujarat study by Chitra Unnithan

Various government policies such as the Public Distribution System (PDS), mid-day meal, food for work programme, National Rural Employment Guaranty Scheme (NREGA) have failed to create food security at the household level, says a study by Gujarat Institute of Development Research. The findings of a primary survey of 110 households undertaken in two districts of two villages - a tribal district and a developed one - in Gujarat showed that about...

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World food prices rise in February: United Nations' FAO index

-Reuters Global food prices rose in February from the previous month, driven by gains in grains, vegetable oils and sugar, the United Nations' FAO index showed on Thursday, adding inflationary pressure.  The index, which measures monthly price changes for a food basket of cereals, oilseeds, dairy, meat and sugar, averaged 215.3 points in February, up from a revised 212.8 points in January, data from the Food and Agriculture Organisation (FAO) showed.  The FAO...

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