-The Indian Express Healing the sugar sector and curbing inflation need brave reform. The first month of great expectations is over. But no magic is possible in such a short period of time. The treasury is scraping the bottom of the barrel, and reviving growth calls for herculean efforts to put the economy back on the rails. Meanwhile, fears of an impending failure of the monsoon have spiked inflation, which is at...
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Bonus on MSP faces Centre's heat -Sanjeeb Mukherjee
-The Business Standard Food Corporation to restrict procurement of foodgrain from states announcing additional sops In a crackdown on the practice of states announcing bonuses on the minimum support price (MSP) for wheat and rice, the Centre has said Food Corporation of India (FCI) will restrict procurement of foodgrain from such states. This will be effective from the coming rice procurement (October 2014-September 2015) and wheat procurement (April 2015-March 2016) seasons. If states...
More »Onions from Maharashtra arrive to check prices
-PTI NEW DELHI: The first consignment of onions procured from Maharashtra by government cooperative NAFED reached the city on Monday. These onions will be sold through 380 Safal outlets, said SS Yadav, commissioner, food and supplies department. In order to keep onion prices in check, LG Najeeb Jung had last week instructed National Agricultural Cooperative Marketing Federation of India Limited (NAFED) to purchase onions to build stocks. Jung had also told...
More »Cereal indiscretions -Sonalde Desai
-The Indian Express The food security act is inadequate to meeting the malnutrition challenge. Malnutrition remains one of the biggest challenges facing India. In the last large survey, the National Family Health Survey of 2005-06, about 42 per cent children under the age of five were underweight. Economic growth has failed to redress this problem. Recently released estimates from the District Level Health Survey for selected states continue to paint a dismal...
More »Agriculture And Not The Stock Market Is The Reality Of India -Roshan Kishore
-The Citizen.in This piece is a rejoinder to an article by D K Joshi, which appeared in ‘The Indian Express' on June 4, 2014. The main arguments made by the author are neither new nor unique. Many neoliberal economists, including some occupying crucial policy-making positions have been making arguments which propose dilution of Minimum Support Price (MSP) policies to take care of excess Food stocks with the government and also control...
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