-The Economist A maverick minister lays into a hallowed programme IT LOOKS like risky politics for Jairam Ramesh, who runs India’s biggest civilian ministry, in charge of rural development, to lash out at his own government’s flagship welfare scheme. Mr Ramesh, who got his cabinet post in July, has sparked a row in the past week over corruption and poor results within a public programme that guarantees 100 days of paid work...
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Dealing with grain glut
-The Business Standard This year’s paddy procurement season has started with foodgrain stocks being more than double the buffer stock norms. An increase in grain stocks will put a strain on the already-scarce warehousing space, with consequences for safe storage and usability. Thus, excess holding of grains ought to be avoided. Maintaining a stockpile of nearly 55 million tonnes, with average economic cost of wheat and rice being Rs 18,000 per...
More »Formula to cut inflation by Sreelatha Menon
When activists of the Right to Food campaign attacked Planning Commission Deputy Chairman Montek Singh Ahluwalia over the Rs 32 per capita per day cut-off for poverty line, Vijay Jawandhia — a farm activist from Vidarbha — asked a counter question: “Why are you happy with a minimum wage of Rs 100 per labourer per day under the National Rural Employment Guarantee Act (NREGA), when salaries have been revised several...
More »AP farmers go on 'Crop holiday' by Prashanth Chintala
The state's rice bowl is left empty An unviable minimum support price (MSP) for rice has forced farmers in Andhra Pradesh to leave their lands fallow. The movement is spreading to other states. “Farming never pays” is a familiar slogan among agriculturists across the world, and especially so in India. Nevertheless, many continue to cultivate their fields year after year, barely eking out an existence, toiling in the hope that the tide...
More »Millions hit by heavy floods in north and eastern India
-The Business Recorder Surging flood waters in northern and eastern India have affected millions of people, forcing many from their homes as swollen rivers wash away roads and make rescue work difficult, government and aid officials said on Friday. Aid workers said 5.2 million people are now affected, double the figure from 10 days ago, as tail-end seasonal monsoon rains sweep the heavily-populated states of Uttar Pradesh, Bihar and Assam where...
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