-The Times of India Brace for higher fuel bills as the government has formally started the consultation process for raising diesel and cooking gas prices - the latter with an increased annual cap of nine subsidized refills - in line with the recommendations of a finance ministry panel. The committee under former bureaucrat Vijay Kelkar, tasked to suggest a roadmap for cutting fiscal deficit, has suggested raising diesel price periodically to align...

-Outlook Congress president Sonia Gandhi today strongly backed the Centre's new Direct Benefit Transfer system that will ensure cash transfer directly in the hands of beneficiaries of various schemes, saying it is in line with many other "revolutionary" measures taken by the UPA. Gandhi, who is also UPA Chairperson, also announced her intent to bring the much-talked out Food Security Bill in Parliament soon to ensure that no poor family remains hungry. She...

-Oxfam Blog As Oxfam’s two week online debate on the future of agriculture gets under way, John Ambler of Oxfam America imagines how it could all turn out right in the end. It is now 2050.  Globally, we are 9 billion strong.  Only 20% of us are directly involved in agriculture, and poor country economies have diversified.  Yet we all have enough food.  Technological innovation has played its part, but increased production...

-The Hindu Private companies get loansat 6.5% with additional cash refunds; for farmers it is 7% The National Bank for Agriculture and Rural Development (NABARD), which is dedicated to promoting rural development by providing soft loans to State governments for social sector projects, has given hundreds of crores as loans to corporates on concessional terms. In the Union Budget of 2011-12, Rs. 18,000 crore was allocated by the Centre to NABARD’s Rural Infrastructure...

-DNA Bhopal: The state government on Tuesday said the 'cash transfer scheme' announced by the Central government recently was already in place here.   "The process of transferring amounts of subsidy directly into bank accounts of beneficiaries is already in place in Madhya Pradesh with a view to preventing leakage in govt subsidy schemes and ensuring transparency in selection of beneficiaries", read a press statement issued by the government.   According to it, Chief Minister...