-The Hindu Business Line A Government report has called for enhancing investment in agriculture and leveraging technology to boost the country's farm sector growth in the years ahead. The report ‘State of Indian Agriculture 2011-12,' released by the Agriculture Ministry on Tuesday, called for institutional reforms in research set up to make it more accountable and geared towards delivery, conservation of natural resources such as water and land among others. “Achieving a 8-9...
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Economic growth and food security depend on healthy farm sector, whose pillar, the farmer, is still neglected by Ajay S Shriram
In India, agriculture and allied sector is the source of income for over 60% of rural population and its contribution to GDP has been consistently coming down and currently stands at 14.3%. For the Indian economy to grow at the rate of 8-9%, the growth rate of agriculture sector has to be more than 4%. The critical role of agriculture in the economy highlights the need for a larger investment in...
More »PM sets record straight; here's food for thought, Mr. Gadkari by Smita Gupta
Prime Minister Manmohan Singh can be devastatingly polite: when Bharatiya Janata Party president Nitin Gadkari, who has a commercial interest in agriculture, wrote him a doomsday letter on the dire state of agriculture under UPA rule, Dr. Singh took a month to reply, but when he did, it was to tell the BJP president in excruciating detail about the rise in agricultural production during his tenure in office, which compares...
More »Policy Distortions Hurt Agriculture by Bibek Debroy
Food price inflation, and inflation in general, has become less of an issue. But it isn’t an issue that will go away. Give it till June and inflation is likely to inch up again. Competition is a good antidote against price increases. It ensures efficiency and reduces price volatility. Logically, food price inflation should trigger and stimulate agricultural reform, so there is competition and supply-side changes can occur. But in...
More »UPA-2 ministers, plan panel say they have no discretionary powers by Vikas Dhoot
-The Economic Times "We have no power." That's the message from India's most powerful - ministers in the central government's Cabinet - when asked to list the discretionary authority each enjoyed. Only one ministry concedes that it has some discretionary powers, which it is eager to shed. Prodded by UPA Chairperson Sonia Gandhi, a group of ministers (GoM) has the job of finding the discretionary powers enjoyed by each ministry and prune...
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