Less than a week after India announced a record harvest, Hindustan Times has learnt that the nation’s main grain-buying agency is running out of money for its massive nationwide purchase operation. Over the last month, the state-run Food Corporation of India (FCI) has twice stopped payments to state governments, various grain-purchasing agencies and rice millers who buy wheat and rice, the main food crops, from millions of farmers, a senior...

-MSN   The Rural Development Ministry has turned down a request from the Agriculture ministry to suspend MGNREGA projects during peak farming seasons because of labour shortage. Agriculture Secretary P K Basu had written to the Rural Development Ministry to this effect recently. He had sought amendment in the job guarantee scheme so that agriculture is not effected particularly during sowing and harvesting period, sources in the Rural Development Ministry said. The letter had...

-The Times of India   The National Scheduled Caste Commission on Friday expressed displeasure over diversion of scheduled caste sub-plan funds for general purposes in Punjab. Accompanied by the full commission, its chairman Dr P L Punia said, "As much as 31% of Punjab's total budget outlay should be for the sub-plan as per the commission guidelines, but it could spend only 10.21% and the remaining amount was shifted to general...

Employment data indicates that India's recent growth has been largely jobless, the government must adjust its policies and promote job creation. Every five years, India's statistical system releases the results of a large scale sample survey that generates comprehensive data about consumer expenditure, employment conditions and much else. The results of the most recent survey conducted from July 2009 to June 2010 have just been released, and they have created shock...

The government’s latest estimates show that foodgrain production in the crop year 2010-11 rose sharply by 10.75% to a record 241.56 million tonnes (mt), a move that could potentially have a dampening effect on inflationary expectations. The impressive increase led by wheat, maize and pulses is revealed in the final estimates for 2010-11, and is partially explained by the fact that 2009-10 was a drought year. The crop year extends from July...