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Unpaid subsidy means FCI to be starved of funds by December -Sandip Das

-The Financial Express Come January, Food Corporation of India (FCI), under a severe financial crunch, may be forced to trim its procurement operations. Come January, Food Corporation of India (FCI), under a severe financial crunch, may be forced to trim its procurement operations. Unless the finance ministry releases a good part of the unpaid subsidy of Rs 58,000 crore or let Life Insurance Corporation raise Rs 40,000 crore to support FCI soon,...

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Sowing poverty -Suman Sahai

-DNA The failure of Bt Cotton to ward off pests has pushed farmers to penury The whitefly attack that has devastated the cotton crop in parts of Punjab and Haryana and caused heavy losses to farmers was a disaster that was waiting to happen. Estimates say that some 8 lakh hectare of standing cotton has been destroyed causing damage worth crores of rupees, which has hit farmers hard. This disaster was waiting...

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Slums and the story of India's housing crisis -Avikal Somvanshi

-Down to Earth The rate at which informal housing is being destroyed probably far exceeds the rate at which formal housing is being constructed Troubled by the degradation of environment on and around railway tracks, the National Green Tribunal (NGT) recently directed Delhi government to relocate all illegal settlements along tracks in Delhi. The tribunal reasoned that the residents of these settlements practise open defecation and litter on the tracks. Housing of the...

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Road trial for light and cheap answer -Sumi Sukanya

-The Telegraph New Delhi: The government is set to test a new strategy to build highways, using geofoam - or giant lightweight polystyrene blocks - in a bid to slash construction time and costs and increase the life span of roads by reducing the risk of rain-triggered damage. Officials said the Union ministry of road transport and highways had cleared a proposal to use Thermocol, a popular geofoam brand, as the filler...

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They don’t go to the field -Harish Damodaran

-The Indian Express There is a worrying dearth of Indian economists working on agriculture today. In his classic Money: Whence It Came, Where It Went, John Kenneth Galbraith observed how the economics profession had a well-defined order of precedence. At the top were the economic theorists and specialists in banking and finance. At the bottom of the hierarchy were agricultural economists. George F. Warren from Cornell University was even worse — a...

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