-The Indian Express For the last 10 years, farmers in India benefited from both increased production and higher price realisations - leading to rising rural incomes and declining poverty rates. That happy story may now be near its end - which could be the precursor to a renewed crisis in agriculture. The main reason is declining global prices for most agri-commodities (see Table 1). Over the last five-six months, corn, wheat and...

-The Hindu Business Line Commerce Ministry officials to meet PM today for consent on negotiating stand With the US softening its position on India's food security concerns at the World Trade Organisation (WTO), the Prime Minister's Office will now take a final call on what could be an "acceptable" solution for India on the issue. Top officials from the Commerce Ministry are scheduled to meet Prime Minister Narendra Modi on Monday to finalise...

-The Telegraph The National Democratic Alliance government is planning to scrap the Mahatma Gandhi National Rural Employment Guarantee Act. The chief minister of Rajasthan, Vasundhara Raje, had already asked for the employment programme of the MGNREGA under which the state was obliged to provide employment on demand (failing which an unemployment allowance of a specified amount had to be paid), to be downgraded to a mere "food-for-work" programme, where the state...

-The Business Standard The NDA is looking to reduce fiscal deficit not by chopping social sector spending but by paring it down Finance Minister Arun Jaitley is fairly confident the government will meet this year's fiscal deficit target. At 4.1 per cent of gross domestic product the deficit looked looked like a bit of stretch in July but the food subsidy, for one, is not going to balloon as in previous years. The...

-The Hindu Plea for cocoon procurement facility, silk reeling centre Dindigul (Tamil Nadu): Better procurement price, good yield in a short gestation period and stable market for cocoons throughout the year - all these factors have attracted many farmers to take up sericulture. Rapid expansion of sericulture farms has pushed Dindigul district to the third place in the State in cocoon production. Koovanuthu Pudur near Saanaarpatti is a major cocoon production centre in...