-The Economic Times NEW DELHI: High prices of tur (arhar) dal are driving consumers to newer and cheaper varieties of pulses such as dun peas, green lentils and yellow peas. Rs 150-200 a kg while dun peas Tur dal is selling for as are much cheaper at Rs 45 a kg and yellow peas Rs 45-50 per kg. Green lentils are currently priced at Rs 100 a kg. Traders said consumers have been...
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One year of housing for all: At this pace, it’s indeed a dream by 2022 -Shalini Nair
-The Indian Express Housing activists say that a heavy reliance on private sector is the prime reason for poor pace of implementation of the PMAY New Delhi: A year after Prime Minister Narendra Modi launched the Pradhan Mantri Awas Yojana (PMAY) with the stated purpose of constructing two crore houses for the urban poor by 2022—at the rate of 30 lakh houses per year— merely 1,623 houses have been constructed so far. The...
More »NREGS scores a point in 1st report card with highest spend of Rs 56,000 crore in FY16 -Ruchika Chitravanshi
-The Economic Times NEW DELHI: For the first time ever, the Narendra Modi government is bringing out a performance review of the National Rural Employment Guarantee Scheme (NREGS), highlighting the highest ever expenditure of Rs 56,000 crore undertaken in 2015-16 which includes Rs 12,000 crore paid in pending wages this year. The scheme generated 235 crore person days of wage employment, highest in last 5 years. However, it continued to lag in...
More »FDI in food trade sans infra creation ‘rider’ irks Food Processing Ministry -Aditi Nigam
-The Hindu Business Line ‘Astonished’ RSS-backed farmers’ body seeks immediate roll-back New Delhi: The Centre’s nod for 100 per cent foreign direct investment (FDI) in trading of food products with “no riders”, has not only raised the hackles of the Food Processing Ministry, which has been pushing for 15 per cent mandatory investment in creation of back-end infrastructure to reduce wastage and create jobs, but has also irked farmers organisations, such as...
More »How to combat food price rise before its too late -Lekha Chakraborty and Pinaki Chakraborty
-The Financial Express Persistence of high food inflation can harden the monetary policy stance and make fiscal choices difficult Food inflation increased to 7.9% in May 2016 as against 4.23% in April. This sudden spurt in food inflation is attributed to vegetable prices, followed by pulses and sugar. Is this a short-term spike or will it be a persistent one? If it is going to be a persistent one with pass-through effects,...
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