-The Times of India There was no let up in bad news for the government on the economic front. Amid the debate over slowing economic growth, data released by the Central Statistics Office (CSO) on Tuesday showed industrial output fell 0.6% in December, posing fresh policy challenges. This is the second successive month of decline for factory growth which has remained anaemic due to a string of factors including high interest rates,...
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Why the Parliament should reject the standing committee’s recommendations on the Food Security Bill: RTFC
-Kafila.org This statement was put out by the RIGHT TO FOOD CAMPAIGN on 24 January The much awaited recommendations of the Standing Committee on Food, Consumer Affairs and Public Distribution on the National Food Security Bill are a letdown to those who wrote to the Committee urging it to ensure justice to the people of India. The Committee despite taking a year since December 2011 when the Bill was tabled in the...
More »Despite inflation slowing, government is still unable to rein in food prices
-The Times of India The bad news is hidden inside the good news. Seemingly comforting headlines tell us that inflation has hit a three-year low, with wholesale price increases slowing down to 7.2% in December. But the common man will take a hit with prices of food products shooting up by 11.2% - the highest increase in almost two years. Unlike in previous years, when increasing food prices were attributed to...
More »Balancing a diet
-The Business Standard Govt's unbalanced food policy has disastrous results Consider the following discrepancies in the farm sector. The country is now the world’s largest exporter of rice, a crop grown with huge quantities of scarce water and heavily subsidised fertilisers. At the same time, it is the leading importer of pulses, which require very little water to grow and fortify the land with nitrogen to reduce the fertiliser need even...
More »Indian real wages fell in 2008-11: ILO report-PR Sanjai, Remya Nair and Anuja
-Live Mint Decline came as labour productivity grew 7.6%; wage growth remains far below pre-crisis levels globally India’s real wages fell 1% between 2008 and 2011, while labour productivity grew 7.6% in the same period, International Labour Organization (ILO) data showed on Friday, indicating that the benefits of the country’s economic growth didn’t translate into better pay for workers in the aftermath of the global economic crisis. In contrast, China’s real wage growth...
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