Chief economic advisor to the finance ministry Kaushik Basu says the government should step in and acquire land for development projects to protect the interests of farmers. He also explains why the government cannot tackle food inflation by distributing free foodgrain among the poor. Excerpts from interview with ET: A large number of land-intensive project have run into opposition. Could it actually undermine our infrastructure thrust and growth? There is...
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Pawar pushes for sugar decontrol, presents case before prime minister
NEW DELHI: Food, PDS and civil supplies minister Sharad Pawar made a big pitch to Prime Minister Manmohan Singh here on Thursday on sugar sector decontrol. He placed a plan for the Centre to buy sugar at prevailing market price for the public distribution system (PDS) directly from the open market in the new sugar year starting October. If this goes through in the coming season, sectoral decontrol would be attained after 15 years of waiting for...
More »Pawar pushes for sugar decontrol, presents case before prime minister
Food, PDS and civil supplies minister Sharad Pawar made a big pitch to Prime Minister Manmohan Singh here on Thursday on sugar sector decontrol. He placed a plan for the Centre to buy sugar at prevailing market price for the public distribution system (PDS) directly from the open market in the new sugar year starting October. If this goes through in the coming season, sectoral decontrol would be attained after...
More »Grain stocks pile up at FCI on slipup
Has the food ministry been misleading over changes to its subsidised grain sale in the open market, resulting in massive excess stocks still lying with the Food Corporation of India (FCI) and huge wastage of grain at at time of high food inflation? In a letter to the PMO this month, the food and consumer affairs ministry has acknowledged that wheat and rice to retail consumers in states under the...
More »Prices of some food items rising: Pawar by Sandeep Joshi
Union Minister of Agriculture, Consumer Affairs, Food and Public Distribution Sharad Pawar on Friday said retail prices of some food items like pulses, edible oil, milk and vegetables have been rising in the last six months. “There are few items (essential commodities) where there is no improvement in prices…retail prices of pulses such as urad dal and moong dal, edible oils like groundnut oil and vanaspati, milk and potato have shown...
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