The new mining legislation will make woman of the house chief beneficiary of the compensation for land acquired for mining project, as the government seeks to ensure the large amounts provided go into ensuring livelihood and are not depleted quickly. This is in sync with the government’s attempt to empower women by giving them a bigger role in financial decision-making. “Women are known to manage the household finances better than their male...

As the common man continues to reel under the spiraling rise in prices of essential commodities especially key food items and vegetables the forever-rising food inflation is posing a serious challenge to policy makers. Though top government officials, including the Finance Minister and the Chairman of the Planning Commission have repeatedly assured that the food prices will soon stop rising, in reality it has gone the other way.   The rising spree...

Centre pressures States to lift additional allocation The Communist Party of India (Marxist) has reiterated its demand for a universal public distribution system with a minimum allocation of 35 kg of grain at Rs. 2 a kg. A two-day meeting of the party's Polit Bureau, which concluded here on Tuesday, said the Central government had ignored the Supreme Court's directive to distribute, free of cost, the huge stocks of grain among the...

Blame stubborn procurement policy as the root of all evil. With the government sitting on heaps of foodgrain and with an acute shortage of quality storage facilities, analysts, some within the government, suggest exporting foodgrain and reviewing procurement policy. The suggestion is gaining ground among advisors and experts, given the current global situation, where wheat prices are on the rise on fears of subdued production in drought-hit countries like Russia, Uzbekistan and...

Union Minister for Agriculture Sharad Pawar today expressed unhappiness over non-availing of agricultural  loan by the farmers of the North-Eastern States in the way it was expected, which he feels has hampered investment and finally the overall agricultural production of the region. "Though the Centre has doubled the agricultural credit amount recently and Centre has been able to disburse Rs 3, 50,000 crore this year, the North Eastern States have not...