Planning Commission, RBI officials hold brainstorming deliberations with experts With the persistent near double-digit headline inflation, despite sustained increases in key policy rates by the Reserve Bank of India, turning out to be “a frustrating experience for policymakers,” senior officials from the Planning Commission, the Finance Ministry and the RBI met with a group of academic economic experts and representatives of the International Monetary Fund (IMF), the World Bank and the...

PMO suggests adopting cluster approach to boost Food Output; FCI asked to enhance storage capacity With the National Food Security Bill set to be introduced in Parliament, the Congress party-led United Progressive Alliance (UPA) government has taken initiatives to boost the farm sector, including steps to increase the production of pulses and oilseeds. The Prime Minister’s Office (PMO), after a meeting on Tuesday to review the agriculture sector, has asked the agriculture...

-The Economic Times   The Prime Minister's Office has asked the department of agriculture to focus on ushering in the next phase of reforms by achieving self-sufficiency in key crops and ensuring creation of farm infrastructure. A review meeting of the agriculture sector, chaired by the Prime Minister's principal secretary, TKA Nair, has suggested specific measures to boost production, especially that of oilseeds and pulses, a government official said. The PMO asked...

Production to drop drastically this kharif season Pulses and oilseeds are likely to be dearer, particularly to the middle class and poor as their production is likely to go down drastically in the ongoing kharif season in the State. Scanty rainfall in the beginning of southwest monsoon season is the reason for lower coverage of various crops. As per the first advance production estimates prepared by the Bureau of Economics and Statistics...

Managing our soil and water resources in a sustainable and equitable manner needs a new political vision, which can be expressed through the proposed Land Acquisition Bill and the recently formed Global Soil Partnership. On the basis of a proposal I had made three years ago, the Food and Agriculture Organisation (FAO) launched a Global Soil Partnership for Food Security and Climate Change Adaptation and Mitigation at a multi-stakeholder conference, held...