Food inflation will defy government policies to remain in high single-digit levels in the long run, unless there is a change in an overwhelming bias among farmers towards staples such as wheat and rice, say economists and policymakers. A steady growth in population and rapidly rising income levels are adding to inflationary pressure at a time when agricultural productivity is showing a decline. A major reason is that the agriculture...
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Rural India goes urban by Rajesh Shukla
Most discussions on the National Rural Employment Guarantee Act (NREGA) have focused on one of few things, the leakages in the implementation of the scheme, the inadequate number of jobs created, and some even talk of how NREGA has resulted in food inflation going up in various districts as well as increasing mechanisation due to unavailability of farm labour. It is, of course, true that you can’t have food inflation...
More »Jatropha Boom Yields Tough Lessons by Manipadma Jena
With a gas-guzzler of an economy, India had been spending tens of billions of dollars annually to import petroleum. And so its 2009 policy on biofuels mandated that by 2017, India would have enough biofuel production to cover at least 20 percent of the country’s oil consumption. The government has in fact been encouraging the cultivation of jatropha curcas for the past seven years, believing that would be the fastest way...
More »Dangerous nexus to bully RTI activists
Next month, the Right to Information (RTI) Act, 2005, one of the most powerful laws enacted in independent India, completes half a decade in the cause of transparent and accountable administration. It enables, on demand, access to information the State and Central governments have in their possession. It empowers Indian citizens to ask for and get specific information, subject to certain norms, from a Public Authority, “thus making its functionaries...
More »Punjab cabinet approves productivity bonus for farmers
The Punjab government today decided to pay to the farmers the productivity bonus in lieu of the electricity bills paid by them for running agriculture pump sets. The decision was taken at a cabinet meeting chaired by Chief Minister Parkash Singh Badal. The amount equal to the electricity bills paid by the farmers would be given to them as productivity bonus, an official spokesman said here. This decision has been...
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