India's reported willingness to relax its ceiling on cotton exports to accommodate the Pakistani demand for the commodity if Pakistan will permit the overland export of onions is a welcome development. The floods in Pakistan affected some portion of its cotton crop, and the country is now short of the commodity for its domestic textile and yarn industry, the mainstay of its fragile economy; heavy and unseasonal rains have caused...
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Potato Utopia in Left Bengal by Abhijeet Chatterjee
Marie Antoinette may or may not have deadpanned “let them eat cake” but the Bengal government could have tried saying “let them eat potato” in these times of price rise. But out went that opportunity — along with 7,000 bags or 4,200 tonnes of potatoes at Panagarh in Burdwan. In terms of cash, potato stocks valued at Rs 50 lakh rotted on the open ground today because of a dispute between a...
More »Should the rural job guarantee scheme be linked to minimum wages?
The question raises fundamental issues about the MGNREGA’s centralised template and poor delivery mechanism, but it is important to provide a legal basis to its wage structure to protect it against inflation. We need to remember that the way the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) was originally conceived, wages were never meant to be equal to the minimum wages; they should have been lower. This is because the...
More »Centre seeks to get on top of inflation by Gargi Parsai
Availability of commodities to be augmented The Centre on Wednesday stepped up its efforts to rein in food inflation, which touched 18.32 per cent for the week ended December 25 last with onion price soaring to Rs. 60 a kg in retail. Prime Minister Manmohan Singh met Finance Minister Pranab Mukherjee, who later held a closed-door meeting with Agriculture Minister Sharad Pawar and Planning Commission Deputy Chairman Montek Singh Ahluwalia. Mr. Pawar...
More »Government's commitment to food security questioned by Gargi Parsai
Right to Food Campaign demands a universal PDS “It is a dishonest proposal of the government” The Right of Food Campaign has charged the Central government with lack of commitment in providing food and nutrition security to citizens with its reported decision to revise the issue prices of wheat and rice for the Above Poverty Line (APL) category of beneficiaries in the Public Distribution System (PDS). “This is the first step to finish...
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