After sliding a mile backward into a morass, Karnataka'smining sector has just been shoved a metre forward. Since it has taken an almighty effort by the judiciary and a quasi-judicial body, the Lokayukta, to accomplish even this much, what hope is there for a sector that is vital for Karnataka's and India'sindustrial development?? Will the sector - represented by mining firms, traders, transporters, government agencies - slide back deep into...
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Rethink on SEZ land limit
-The Telegraph The government plans to revisit the minimum space criterion for special economic zones as developers are facing problems in acquiring land. “Land issues are critical... I think the minimum size is something that needs to be looked at again definitely. You are not going to find 5,000 (hectares) of land area, it is a pipe dream. It’s not going to happen... I think that’s something we need to talk...
More »Food subsidy bill shoots up by a whopping of Rs 34,738 cr by Prabha Jagannathan
The Centre's food subsidy bill, incurred mainly on account of reimbursemnet of economic costs to theFood Corporation of India for grain procurement, holding and transportation, has shot up by a whopping Rs 34,738 crore compared to the budgetary allocation for 2011-12. This is mainly due to government buys of a record foodgrain crop in the 2010-11 agricultural year (july-june).The original subsidy for the year was estimated at Rs 47,239.8 crore....
More »This Decade for Agriculture by Ashok Gulati
July is a month when we need to remind ourselves how reforms have changed India since 1991, from vulnerability to resilience, whether to external shocks (say, oil) or internal ones (droughts). In 2009, we witnessed the worst drought since 1972, yet the agricultural growth rate stayed positive (0.4%), nor did we resort to any major cereal imports. And in 2010-11, we are likely to have a record harvest of 241 million...
More »EGoM to discuss Food Security Bill, grains' export by K Balchand
It will estimate the NAC's and Food Ministry's recommendations and finalise the food security coverage The Empowered Group of Ministers (EGoM) is meeting here on July 11 to consider the crucial Food Security Bill and allowing export of foodgrains. Prime Minister Manmohan Singh reviewed the Food Security Bill last week along with Union Food Minister K.V. Thomas and Planning Commission Deputy Chairman Montek Singh Ahluwalia, ahead of the EGoM meeting which would...
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