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Fertiliser subsidy bill balloons but government opposes any price revision

-The Economic Times A Committee of Secretaries (CoS) recommendation for a 10% increase in urea prices notwithstanding, the fertiliser ministry is in no mood to bite the bullet. The ministry has categorically said in a note that it opposes the recommendation and that there should be no price revision. The Cabinet has been deferring a price raise for the last six months due to the fertiliser ministry's opposition. The government has been...

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Seeds Of A Divide -Mark Lynas and Vandana Shiva

-Outlook Environmentalist and author Mark Lynas now says GM crops are the answer to global food security. Vandana Shiva disagrees. The already heated debate about genetically modified (GM) foods in India has intensified thanks to a dramatic change in stance by environmentalist and author Mark Lynas,who now says GM crops are the answer to global food security. While India awaits two crucial reports on the topic, we interviewed Lynas and noted...

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Balancing a diet

-The Business Standard Govt's unbalanced food policy has disastrous results Consider the following discrepancies in the farm sector. The country is now the world’s largest exporter of rice, a crop grown with huge quantities of scarce water and heavily subsidised Fertilisers. At the same time, it is the leading importer of pulses, which require very little water to grow and fortify the land with nitrogen to reduce the fertiliser need even...

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The Case for Direct Cash Transfers to the Poor-Arvind Subramanian, Devesh Kapur and Partha Mukhopadhyay

The total expenditure on central schemes for the poor and on the major subsidies exceeds the states' share of central taxes. These schemes are chronic bad performers due to a culture of immunity in public administration and weakened local governments. Arguing that the poor should be trusted to use these resources better than the state, a radical redirection with substantial direct transfers to individuals and complementary decentralisation to local governments...

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Green Ministry eases SEZ clearance norms-Urmi A Goswami

-The Economic Times The environment ministry has simplified the procedures for granting clearances to special economic zones as it seeks to shed the anti-industry image. A recent order issued by the environment ministry states that the environmental clearance process for SEZs will now follow the system laid out for National Industrial and Manufacturing Zones under the National Manufacturing Policy 2011. Under the new system, the central and state governments will delegate power to...

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