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Proposal to deliver subsidy in cash

-The Telegraph The Planning Commission has proposed a slash in fuel and fertiliser subsidies, and subsidy delivery through cash transfer to the beneficiaries’ bank accounts rather than by providing cheaper goods. Commission’s deputy chairperson Montek Singh Ahluwalia said providing food, fuel and fertiliser subsidies through cash transfer would help check leaks — that is, illegal sale of the subsidised goods in the market. Sources suggested that cash transfer was being considered mainly for...

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Subsidy bill may touch 2.4% of GDP: FM

-The Indian Express The subsidy bill in the current financial year is expected to rise to 2.4 per cent of the GDP from 1.9 per cent estimated in the Budget, Finance Minister P Chidambaram said today. "The estimated major subsidies in 2012-13 would be around 2.4 per cent of GDP," he said while intervening in a discussion at the meeting of the Full Planning Commission to approve the 12th Plan draft document. The...

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Designing food systems to protect nature and get rid of hunger -Vandana Shiva

Industrialisation of agriculture creates hunger and malnutrition, destroying the food web to which we all belong. Hunger and malnutrition is manmade. It is in the design of the industrial chemical model of agriculture. And just as hunger has been created by design, producing healthy and nutritious food for all can be designed through food democracy. That is what we do in Navdanya. That is what the diverse movements for food sovereignty...

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The era of cheap food may be over-Larry Elliott

-The Guardian A spike in prices caused by poor harvests and rising demand is an apt moment for the west to reassess the wisdom of biofuels The last decade saw the end of cheap oil, the magic growth ingredient for the global economy after the second world war. This summer's increase in maize, wheat and soya bean prices – the third spike in the past five years – suggests the era of...

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Drained by that sinking tilling-Sukhdeep Kaur

-The Indian Express Punjab has not missed the monsoon. Despite rainfall being nearly 60 per cent deficient — there has been some this week — the paddy fields have remained lush green all through the season. But below, the water table in over 80 per cent of Punjab is depleting. Of 138 hydrogeological blocks, over 100 are listed as dark or grey zones due to over-exploitation of underground water, with the average...

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