Journalists, whose names have cropped up in the 2G scam tapes, will face the Public Accounts Committee, PAC chairman Murli Manohar Joshi has said. Joshi, in an interview to Aaj Tak, said, "Editors and senior journalists who have incriminated themselves in a way on the 2G scam tapes will be summoned by the PAC", Joshi said. He added that the telecom scam had caused huge losses to the exchequer and that if...
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Peeling The Policy Cipher by Lola Nayar
What’s Going Wrong? * Market intelligence remains a weak link; farm policies rarely reflect correct scenario * Extensive damage to crop in Maharashtra not factored in promoting onion, tomato exports * Middlemen make capital while farmers realise 10-15% margin, not enough to recoup losses * Government market intervention capacity limited to foodgrains and pulses **** India’s worst-kept secret was finally revealed when the government threw up its hands in despair in the...
More »2010 a nightmare for tobacco farmers by Prashanth Chintala
Crop loss estimated at Rs 625 crore For Andhra Pradesh tobacco farmers, 2010 was a tough year. Heavy rain in the last week of November and the first week of December damaged the crop extensively, resulting in a loss of around Rs 625 crore. “According to our estimates, standing crop in 52,000 hectares out of the total 110,000 hectares has been either partially or fully damaged. This is the worst crop loss...
More »Onion production likely to dip 12% this year
The country’s onion output is likely to dip by over 12% to 10.5 million tonnes in the 2010-11 crop year due to untimely and erratic rains last year, a top official said. India produced 12 million tonnes of onions in the 2009-10 crop year. Onions are grown in three seasons — kharif (summer), late kharif and rabi (winter). “We expect onion output to decline by 1.5 million tonnes to 10.5 million...
More »Food retail: Next large opportunity for country wide biz
Organized retail of packed food and raw food reduces prices of food for urban citizens and pays farmers a better price for the agricultural produce. It eliminates middle men and decision making at every other level. This is not rocket science. However, politicians refuse to do away with the WWII public distribution system in order to retain power at the district level. Well, for one thing, the format of the...
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