-The Indian Express Niggling procedural hassles stymie efforts to modernise antiquated labour regulations.   As it completes one year in office, the NDA government seems to have finally bit the bullet and taken up the controversial Industrial Disputes Act, 1947, for amendments that would allow easier retrenchment and closure norms for firms with up to 300 workers though ensuring that the employees get higher compensation in return. The draft code on industrial relations has...

-Business Today The father of India's green revolution, M.S. Swaminathan, is involved in the conservation and cultivation of millet. He tells Business Today why millet is important. Q. Why did millet vanish from our fields? Swaminathan: In the past, in agriculture, a wide range of food crops were grown. Gradually, with market-oriented agriculture, the food basket shrunk, not only in India, but all over the world. As wheat, rice, corn, soyabean, potato became...

-The Hindu A properly designed and implemented procurement law is long overdue. It can improve financial management, and bring large financial and governance benefits Finance Minister Arun Jaitley’s 2015-16 budget speech signalled the government’s commitment to formally legalise India’s public procurement system as a part of its continuing reforms in public financial management. Following this, the Ministry of Finance is seeking suggestions to refine the Public Procurement Bill of 2012, introduced by...

-Economic and Political Weekly Direct benefi t transfers in the form of cash cannot replace the supply of food through the public distribution system. Though it is claimed otherwise, DBT does not address the problems of identifying the poor ("targeting") and DBT in place of the PDS will expose the vulnerable to additional price fluctuation. Further, if the PDS is dismantled, there will also be no need or incentive for procurement...

-The Hindu The MSP is fixed for the Fair Average Quality of grain that is purchased by the FCI and its agencies. There is a growing concern in official circles about untimely rain and hail in the northern parts of the country hitting wheat procurement for the Public Distribution System by an estimated three million tonnes this year. This may not augur well for a country that is committed to providing cheap...