The Government has decided to introduce major reforms in the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) by bringing under its coverage agricultural activities like sowing, harvesting, soil preparation, irrigation, compost preparation and allied activities relating to livestock. Reforms have been planned to address issues of shortage of labours for agriculture-related activities. The job guarantee scheme will now have a farmers’ friendly face and rechristened as MGNREGA II. The...

The proposed regulations aim to create a new countrywide infrastructure for trading of commodity-based securities in the form of electronic receipts as with equity shares on exchanges A committee under the Warehousing Development and Regulatory Authority (WDRA) has recommended regulatory changes that can effectively control prices of food items, improve lives of farmers and change the warehousing landscape in India. The proposed regulations, drafted in consultation with the capital market regulator, the...

To give the much-needed impetus to the farm sector, the Government will have its first agriculture survey this financial year in February on the lines of the economic survey. Sources said that the Agriculture Ministry’s apprehensions on the production growth to meet the National Food Security Bill’s demand have concerned the Government. Consequently, three months ago Prime Minister Manmohan Singh asked the Agriculture Ministry to carry a separate survey to give...

-IANS   Eminent agriculture scientist and a member of the Sonia Gandhi-led National Advisory Council (NAC), M.S. Swaminathan, has cautioned against the government's plan to replace subsidised food with cash under the proposed National Food Security Act (NFSA). "The government's plan to replace subsidised ration with cash under the public distribution system (PDS) is faulty. It will lead to low procurement and less production subsequently. This will be bad for Indian agriculture," Swaminathan...

• Without a clear definition of ‘public purpose’, the land acquisition bill is meaningless • The bill’s definition of ‘fertile land’ can potentially harm the agriculture sector • Government’s role in defining land will create economic and political problems in future As Parliament debates this month it will, hopefully, move beyond issues of corruption in high places to important economic legislation. Two such pieces of legislation are the land acquisition bill and...