With the government successfully managing to partially lighten its burden by switching over to a nutrient-based subsidy scheme for Fertilizers, the Economic Survey has now raised questions on the impact that food, Fertilizer, kerosene and diesel subsidies have on poverty eradication. Instead, it has pitched for direct subsidy to the poor instead of price control, ostensibly to reduce diversion to the open market, leakage and adulteration. “The impact of these [food, Fertilizer,...

The new nutrient based subsidy (NBS) regime cleared by the Union Cabinet on Thursday is likely to slash the governments subsidy bill and boost Fertilizer production. But one of the major stated aims of the policy that of promoting a more balanced use of Fertilizers by farmers may not be actualized unless other measures are implemented in tandem. That seems to be the view of many agriculture experts and economists,...

The government's decision to hike urea prices, as part of its move to rationalise subsidies, has upset farmers. Farmers are heavily dependent on urea for their production. They say it will only increase their burden. Commenting on the Cabinet's decision, one of the farmers in Punjab said, "It is a big setback for the farmers as Punjab yields maximum production." Farmers are already under so much debt, with the increase in the...

India could face a massive 50% water deficit by 2030, the biggest globally, says the recent report of the Water Resources Group (WRG).  Fortunately, the supply-demand gap could well be filled, with vision, proactive policy and only modestly higher sectoral outlays, it adds. The WRG, consisting of a panel of global experts, estimates the ‘water availability cost curve’ to meet the heightened demand at about $5.9 billion per annum, or...

In the debate on development paradigm Jawaharlal Nehru is frequently presented predominantly as a strong advocate of heavy industry, large dams and big machines - someone who placed big hopes in modern technology. However, a more careful reading of several of his writings presents a different picture of a thoughtful mind troubled by several aspects of modern technology and industrial society, a mind which was prepared to go back hundreds...