India Inc. was aghast at the recent report of a parliamentary committee that recommended that a new draft land acquisition law limit occasions when the government may intervene to acquire land for use by private firms. But in a paper published in the Economic and Political Weekly last month, Delhi University economics professor Ram Singh laid out data that supports the committee’s recommendations. Mr. Singh argues that government-driven land acquisition is generally...
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Inflation seen at 2012 high in May
-Reuters Inflation may have accelerated at its fastest pace this year in May, driven by higher food and fuel prices, impeding chances of a rate cut by the central bank at its review next week, a Reuters poll showed. The wholesale price index, India's main inflation gauge, is expected to rise 7.60 percent in May versus a year ago, compared with April's 7.23 percent, the poll of 31 analysts showed. Forecasts ranged from...
More »Climate change threatens agriculture, but genomics comes to rescue-Hari Pulakkat
-The Economic Times Kulvinder Gill, professor of breeding and genetics at the Washington State University in the US, describes himself as a dreamer and an optimist. One of his dreams is to make sure food production does not decline over the next few decades, when increasing temperatures act on the yields of major crops. Specifically, he is beginning a project with six other organisations in India to make wheat less sensitive to...
More »Agriculture Ministry closely monitoring advance of monsoon by Gargi Parsai
-The Hindu States told to have contingency plans ready, post-delay in onset in Kerala Agriculture experts and officials are closely monitoring the advance of the southwest monsoon, which is crucial not only for the important summer kharif crop but also the socio-economic wellbeing of the country. There are apprehensions that with farm growth having slowed down in the pre-wheat harvest quarter to 1.7 per cent, if the monsoon were to be deficient, then...
More »CAG picks holes in functioning of PDS in the Capital
-The Hindu From identification of fewer than targeted families to not lifting adequate ration supplies from godowns to non-submission of utilisation certificates, the report of the Comptroller and Auditor General of India has found several anomalies in the Public Distribution System and functioning of the Department of Food Supplies and Consumer Affairs of the Delhi Government. In its report for the year ended March 31, 2011, the CAG has stated that a...
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