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Agriculture economics: The next big farm solution - cutting production costs -Harish Damodaran

-The Indian Express In a scenario of depressed crop prices, a unique PPP model in milk shows the way out. Coimbatore: For roughly a decade from 2004-05 to 2013-14, Indian farmers experienced rising incomes from higher crop prices year after year — something they pretty much took for granted. That party ended with the crash in global commodity prices, hitting agricultural exports hard and translating into lower farm-gate realisations for most crops. But...

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Dark clouds over the PDS -Jean Dreze

-The Hindu The imposition of Aadhaar-based biometric authentication in the Public Distribution System threatens to disrupt recent progress with PDS reforms. It also deprives millions of people of essential food entitlements. India’s Public Distribution System (PDS) has improved steadily during the last 10 years. The system used to be most ineffective and corruption-ridden, with leakages of around 50 per cent at the national level, going up to 80 or 90 per cent...

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Govt strikes out 1.6 cr bogus ration cards, to save Rs. 10,000 cr

-PTI New Delhi: The Government has eliminated 1.6 crore duplicate and bogus ration cards that will help save about Rs 10,000 crore in subsidy bill annually, said Finance Secretary Ashok Lavasa. In addition, the Government has saved Rs 14,872 crore by offering subsidy on cooking gas (LPG) directly to consumers and direct benefit transfer is planned to be extended to 150 schemes by the end of this year, he told PTI here. DBT...

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INDIA FOCUS: Drought and drinking water shortage. More than one-third of India is affected. Click here for info and links.

Situation alarming: More than one-third population hit by drought   The country is facing severe drought for the second consecutive year. Conservative estimates from official sources show that over a quarter of rural habitations are facing drinking water scarcity. Although both India Meteorological Department and Skymet have predicted a more than normal rainfall during June-September, 2016, the water storage available in 91 major reservoirs of the country has declined from 22 percent...

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Centre asks states to scale up DBT scheme for food subsidy -Sandip Das

-The Financial Express In a bid to curb pilferage of foodgrains in the Targeted Public Distribution System (TPDS), the Centre on Saturday asked the states to opt for Direct Benefit Transfer (DBT) under which the subsidy component is credited to bank accounts and allows the beneficiaries to buy foodgrains from the market. However, for implementing DBT, the states must complete digitisation of beneficiary list and seed bank account details for fund transfer....

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