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Farmers' innovative work should be rewarded: Pawar

-The Times of India   Speaking at a seminar organized for honouring farmers here on Saturday, Union agriculture minister Sharad Pawar announced that awards should be instituted by all states for honouring innovative work done by farmers in the country. "Rajasthan has already started honouring farmers for their innovative work. The other states should also follow it. I will write to chief ministers of other states to start honouring farmers and give away...

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Centre lifts ban on onion export following farmers' protest

-The Hindu   Faced with strong protests from farmers and a demand from the Maharashtra government, the Centre on Tuesday announced the lifting of the ban on export of onions with immediate effect. The decision was taken by the Empowered Group of Ministers (EGoM) on Food headed by Finance Minister Pranab Mukherjee. “Ban on onion export has been lifted,'' Union Minister for Science and Technology Vilasrao Deshmukh told journalists after the meeting. Union Agriculture...

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Reasons for inflation known, but no light at the end of tunnel by Ashok Dasgupta

Planning Commission, RBI officials hold brainstorming deliberations with experts With the persistent near double-digit headline inflation, despite sustained increases in key policy rates by the Reserve Bank of India, turning out to be “a frustrating experience for policymakers,” senior officials from the Planning Commission, the Finance Ministry and the RBI met with a group of academic economic experts and representatives of the International Monetary Fund (IMF), the World Bank and the...

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The Union Cabinet gets healthier by P Sainath

The worse off the poor become, the healthier our Ministers get. Air India might not be doing as well we'd like it to. But the braveheart who flew it fearlessly into dense clouds of debt is doing okay. Praful Patel (who no longer holds the aviation portfolio) added, on average, over half a million rupees every day to his assets in 28 months between May 2009 and August 2011. This might...

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India to support removal of food export curbs at Fund-Bank meet

-The Hindu   India will support the removal of food export restrictions for humanitarian purposes during the annual meeting of the International Monetary Fund (IMF) and World Bank in Washington later this week. The Finance Minister, Mr Pranab Mukherjee, will attend the two-day meeting on September 23-24. According to the agenda note prepared for the meeting, India has welcomed the recommendations of the Development Working Group (DWG) of the Agriculture ministerial. One of these...

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