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A futures shock from FCI-Devinder Sharma

-The Business Standard Turning the country's food procurement agency into an international trader will fan inflation and hunger At a time when the Global Hunger Index 2012 ranks India 65th among 79 countries, K V Thomas, minister of state for food and public distribution and consumer affairs, has revealed that the Food Corporation of India (FCI) will soon trade wheat in the futures market. Seeking clearance from the Forward Markets Commission, the...

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Cabinet withdraws draft amendments to RTI-Liz Mathew and Anuja

-Live Mint All file notings can be made public now except those explicitly exempted  The Union cabinet on Thursday decided to withdraw controversial draft amendments to the Right to Information (RTI) Act that sought to restrict disclosure of government file notings. The move allayed the concerns of rights activists. The draft amendments would have restricted disclosure of file notings only to social and developmental issues. The government had to drop the move following...

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'Free electricity for farmers is hurting development, not helping it– including farmers themselves'-Lalit Jalan

-The Economic Times There has been a change of guard at the power ministry and Jyotiraditya Scindia, the new man in charge, has described his task as daunting. To simplify the many complexities, it's worth keeping in mind an adage that's particularly apt for rural India: Nothing is more expensive than no power. While on one hand there are thousands of villages that still remain to be electrified, on the other even...

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Bans not the answer

-The Business Standard SC decision to seek views on GM crops welcome  The Supreme Court’s decision to seek views of different stakeholders before considering a 10-year moratorium on field trials of genetically modified (GM) crops, as suggested by the technical committee it had appointed, is welcome. The committee’s recommendation had caused widespread disquiet among the scientific community, a section of the seed industry and farmers. If the recommendation was accepted by the...

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Blundering on land and Aadhaar-Praful Bidwai

-Pratirodh.com The fanfare with which Prime Minister Manmohan Singh and Congress president Sonia Gandhi launched a service delivery scheme in Rajasthan based on the Aadhaar (foundation) unique identity (UID), and celebrated the issue of the first Aadhaar number topping the 200-million mark, should make the Indian National Congress a very worried party indeed—assuming it has a good survival instinct and basic grasp of practical politics.    To put it starkly, the Congress and...

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