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Address supply side on food: World Bank

-The Business Standard   Demand-side control cannot be an answer beyond a point to India’s persistently high food price inflation, the World Bank said on Monday. Consumer price-based food inflation in India has been at 10-20 per cent for quite a long while, noted its report on ‘Food inflation in South Asia’. The Bank’s chief economist for the region, Kalpana Kochhar, said controlling inflation in India was a difficult job for the Reserve Bank...

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Direct disbursement of food subsidy in cash under examination

-PTI   The centre is examining the proposed scheme for direct disbursement of food subsidies in cash, instead of foodgrains under the Targeted Public Distribution System (TPDS), as demanded by some states. The final contours of the scheme will be worked out in consultation with concerned agencies like the ministry of finance (department of expenditure) and planning commission, food and consumer affairs minister K. V. Thomas has said. The governments of Uttar Pradesh, Haryana...

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Warehouse norms may lessen food inflation by Anirudh Laskar & PR Sanjai

The proposed regulations aim to create a new countrywide infrastructure for trading of commodity-based securities in the form of electronic receipts as with equity shares on exchanges A committee under the Warehousing Development and Regulatory Authority (WDRA) has recommended regulatory changes that can effectively control prices of food items, improve lives of farmers and change the warehousing landscape in India. The proposed regulations, drafted in consultation with the capital market regulator, the...

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Food items, fuel, clothing more expensive in July

-PTI   Select food items, fuel and clothing grew more expensive in July, leading to a 1.47 per cent rise in the Consumer Price index (CPI) vis-a-vis the month of June to 110.4 points. The CPI, based on retail prices, stood at 108.8 points in June, as per data released by the government on Thursday. At the all-India level, the CPI for 'food, beverages and tobacco' went up by 1.57 per cent to 110.3...

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MPs demand more wages for MGNREGS workers by K Balchand

Members of Parliament, cutting across party lines, have demanded an increase in the wages and workdays of the beneficiaries of the Mahatma Gandhi National Rural Employment Guarantee Scheme, one of the flagship programmes of the UPA government, so as to insulate them from the galloping inflation. The demands were made by the members, including those of the ruling Congress-led ruling coalition, at a meeting of the parliamentary consultative committee on the...

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