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Farmers across India react strongly to fuel price hike

-The Economic Times   Reacting strongly to the hike in the prices of diesel , Kerosene and LPG, farmers across the country have contended it would have adverse affects on the agriculture sector and even prompt them to end their occupation. Petroleum Minister S Jaipal Reddy announced of a hike in the price of LPG (liquefied petroleum gas) cylinders by 50 rupees on Friday. Apart from the price of LPG, the federal government's...

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Cash cure for leaky PDS by Anirban Bhaumik

The Government proposal to make cash transfer in place of food grain to poor families has drawn mixed reactions. Raghuvir Nagar on the western outskirts of Delhi has of late turned into a turf for a war between two schools of thought. The war has not been limited to campaigns and debates and purportedly escalated to the level of allegations, even intimidation, so much so that the Government of the national...

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World Bank dictates India’s food policy by Tarun Nangia

The World Bank and a pliant UPA Government plan to do away with India's public distribution system and shut down four lakh ration shops. The excuse-the Public Distribution System (PDS) spends Rs 45,000 crore every year to supply BPL families wheat, rice, Kerosene and sugar of which 60 per cent of grain is looted by the food mafia. The 412page 'World Bank Report: Social Protection for Changing India', released on...

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How much will cash transfer cost? by Himanshu

Last week, a group of 40 economists wrote an open letter to United Progressive Alliance (UPA) chairperson Sonia Gandhi arguing for cash transfer as a mode of delivery for the proposed National Food Security Act (NFSA). The letter was carried in detail in several newspapers including Mint. The good thing is that there is now almost a consensus, at least among economists, that whatever be the mode of delivery of subsidy,...

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Kerosene cut due to ample LPG

-The Times of India   The ministry of petroleum and natural gas on Saturday said that Kerosene allocation to Gujarat has been reduced, keeping in view the substantial LPG penetration in the state. Gujarat's monthly quota of Kerosene for distribution under the public distribution system (PDS) has been slashed by 32.19% from 76,712 kilolitres (KL) in 2010-11 to 52,020 KL in 2011-12, effective from June 1. The state government had raised...

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