India could face a massive 50% water deficit by 2030, the biggest globally, says the recent report of the Water Resources Group (WRG).  Fortunately, the supply-demand gap could well be filled, with vision, proactive policy and only modestly higher sectoral outlays, it adds. The WRG, consisting of a panel of global experts, estimates the ‘water availability cost curve’ to meet the heightened demand at about $5.9 billion per annum, or...

Finally, relief may be on way for the state which had put all its resources on stake last year in order to retain the status of “food sufficient nation” for India. The Union government is likely to release Rs 800 crore for Punjab as compensation for all the drastic measures that the state took in order to sustain paddy crop last year in the wake of severe drought which had...

After deliberating for well over seven months, the Union government has eventually evolved a scheme to extend the scope of the Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA) on individual land holdings with Rs. 1.5 lakh as the upper limit of expenditure. The Rural Development Ministry has prepared a draft guideline, detailing not only the works that could be taken up for implementation but also the conditions to govern the...

A committee appointed by the Union Government has found fault with the entire process of land reforms, particularly the dubious role of officialdom, and called for revisiting the land ceiling limits and that too with retrospective effect. The Committee on State Agrarian Relations and the Unfinished Task in Land Reforms, set up subsequent to the constitution of the National Council for Land Reforms under the Prime Minister, has underlined the relevance...

The Ficci-Yes Bank report on farm mechanisation couldn’t have come at a more appropriate time. For one, since it suggests waiving of VAT and excise duty on farm machinery, this is the time the Budget exercise has just begun. More important, the study points out that, while the use of new devices in performing key farm operations is vital for doubling agricultural growth from the present 2 per cent, the...