-The Business Standard A CACP study shows how the Fisc, rising farm wages and international forces are stoking inflation It's good to see that independent thought is still present in the government. When one part of the government comes out with a serious and objective piece on how the government itself has been responsible for creating food inflation, hopefully the government is more likely to take note. The Commission for Agricultural Costs and...
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Fundamental flaw
-The Indian Express In all its versions, the food security bill places an unbearable fiscal burden, further distorts agriculture The design of policy in the revised version of the food security law proposed by the food ministry — cabinet approval for which was deferred on Monday — will make a bad idea worse. It is even less concerned about the imperatives of fiscal sustainability and the needs of the Indian population. Providing...
More »'Rural wage hike pushing inflation, posing challenge for RBI'
-PTI About 20 per cent increase in wage inflation is building up price pressure on food articles and is posing a big challenge for RBI to cut policy rates, an industry body said today. "Near 20 per cent annual increase in the wage inflation in rural areas is building up price pressures on food articles like cereals, rice and wheat, and is posing a big challenge for the Reserve Bank which is...
More »The wrong direction
-The Business Standard Budget underestimates food, fertiliser subsidies If the projections in the 2013-14 Budget are to be believed, subsidies on food and fertiliser which, along with petroleum subsidy, account for nearly 95 per cent of total subsidies are unlikely to rise much in the next financial year. This prognosis, reflected in an increase of just Rs 5,000 crore in food subsidy allocation and no change in the fertiliser subsidy, is odd;...
More »Government for crop diversification in Punjab to save soil, water-Rituraj Tiwari
-The Economic Times The government plans to revive cultivation of crops that make Punjab's iconic "makki ki roti and sarson ka saag" -- maize and mustard -- along with horticulture and fodder to breathe life into the stressed soil and the rapidly depleting water table in the green-revolution state. Prime Minister Manmohan Singh is pushing hard for crop diversification in Punjab and has appointed an inter-ministerial panel on crop diversification led by Agriculture...
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