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Food Sufficiency in India: Addressing the Data Gaps -S Chandrasekhar and Vijay Laxmi Pandey

-Economic and Political Weekly The National Sample Survey Office's survey of consumption expenditure is woefully inadequate for estimating the number of food-insecure households in India. Future surveys of NSSO need to collect information on the four pillars of food security: availability, access, nutritional adequacy/utilisation and stability. The Comprehensive Nutrition Survey in Maharashtra is an example of such a survey and appears to do a decent job of capturing the different elements...

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No clean slate -Arvind Virmani

-The Indian Express The forthcoming budget is expected by some to be make-or-break or path-breaking, by others, to provide a legislative or economic roadmap for the rest of this government's term. Most likely, it will focus on issues within the purview of the finance ministry, namely, macro management, taxation, expenditure, the financial sector and balance of payments. The abolition of the Planning Commission and the 14th Finance Commission recommendations on tax devolution...

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That ’70s show: ‘Levy rice’ to end in October -Sandip Das

-The Financial Express The government has decided to dispense with "levy rice", a mandatory system under which rice millers also undertake rice procurement for the public distribution system by buying paddy directly from the farmers, effective the next marketing season starting October. The system, introduced way back in 1978, is set to be withdrawn as the government felt that a lack of effective supervision often allowed the millers to avoid paying minimum...

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Highlights of Economic Survey 2014-15

-Press Information Bureau/ Ministry of Finance Economic Outlook, Prospects and Policy Challenges Macroeconomic fundamentals in 2014-15 have dramatically improved. Highlights are: * Inflation has declined by over 6 percentage points since late 2013. * The current account deficit has declined from a peak of 6.7 percent of GDP (in Q3, 2012-13) to an estimated 1.0 percent in the coming fiscal year. * Foreign portfolio flows have stabilized the rupee, exerting downward pressure on long-term interest...

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Goa's Mining Logjam -Pamela D’Mello

-Economic and Political Weekly   The stage is all set for the resumption of iron ore mining in Goa after it was suspended in the state in 2012, to curb its indiscriminate and illegal mining. The Goa government's decision to renew the mining leases comes at a time when the economics of iron ore mining have changed and environmental concerns have gained more prominence. Pamela D'Mello (dmello.pamela@gmail.com) is a Goa-based journalist. The state government...

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