The National Advisory Council chaired by Congress president Sonia Gandhi today said the Forest Rights Act (FRA) needed strengthening and the Protection of Women against Sexual Harassment at Work Place Bill, 2010, must be extended to domestic workers. It also discussed how to push its views on the proposed National Food Security Bill, apart from deciding to examine the working of the Integrated Child Development Services (ICDS) scheme. Aat a meeting today...
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Rangarajan panel differs with NAC on food entitlements for non-poor by Gargi Parsai
The Experts Group chaired by the Prime Minister's Economic Advisory Council Chairman, C. Rangarajan, favours mandatory entitlement of subsidised foodgrains to the ‘priority' category (Below the Poverty Line) as recommended by the National Advisory Council (NAC). But the Group does not think that it is feasible to extend to the ‘general' category (Above the Poverty Line) legal entitlement of subsidised foodgrains under the Public Distribution System (PDS). The panel has suggested...
More »Basu blames trader cartels for high onion prices
Top economic advisor in the finance ministry on Wednesday blamed cartels among traders for the skyrocketing prices of onion. “There are forms of implicit cartels working among the traders that block the movement of new entry, the appearance of new players,” Chief Economic Advisor Kaushik Basu said while explaining the reasons behind the onion price rise. The price of the vegetable, which is ruling at Rs 60 per kg, went up...
More »Food inflation accelerates to year-high
India’s food inflation accelerated for the fifth straight week to the highest in more than a year, reinforcing fears it will spill over to broader prices and pile pressure on the Reserve Bank of India (RBI) to tighten monetary policy. Unseasonal rains have pushed up prices of vegetables such as onions and tomatoes in recent weeks, and the authorities are bracing to live with elevated price levels in the near term. Onion...
More »2010: Watershed year for Indian agriculture
In more ways than one the calendar year 2010 would go down the memory lane as a watershed year for the food and agriculture front in the country which recorded unprecedented growth rate of 4.4 per cent in July-September quarter but by December unprecedented price hike of essential food items especially left consumers in tears. As the year comes to an end, an embattled government and the Union agriculture ministry stood...
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