In a major relief to farmers and exporters, the Centre on Wednesday slashed the minimum export price (MEP) for onions by 25 per cent to $450 a tonne from $600. “Minimum Export Price of onions other than Bangalore Rose onions and Krishnapuram will be $450 per tonne freight on board,” Directorate General of Foreign Trade (DGFT) said in a notification. Last month, the government had lifted a ban on onion exports after...
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Drug regulator cover on vaccine study aim by GS Mudur
India’s drug regulator has refused to disclose key information about a controversial government study that provided Indian girls a vaccine designed to protect them from cervical cancer, amplifying suspicions about the study’s objectives. The Drug Controller General of India (DCGI) has refused to release for public scrutiny the study’s protocols, which are expected to contain information about its purpose and methodology, a set of health activists said yesterday. The Union government had...
More »Ashok Gulati to head Commission for Agricultural Costs and Prices by Prabha Jagannathan
Ashok Gulati, Director in Asia for the International Food Policy Research Institute (IFPRI), was appointed Chairman of the Commission for Agriculture Costs and Prices for the Ministry of Agriculture , Government of India. Based in New Delhi, he will be involved in developing appropriate price policy and marketing structures for major agricultural commodities in the country. Gulati’s appointment begins on March 1. Bart Minten will be acting director of the New...
More »Fertilising policy
A renewal of concern about fiscal management in India is partly due to the resurgence of populism even in a post-election year. Instead of working to reduce the subsidy bill, various political elements seem to be pushing for even higher subsidies. The recent decision of a group of ministers to absorb higher import and production costs of fertilisers by raising subsidy, rather than increasing prices, is just one example. Some...
More »Walking the fiscal tightrope by Laura Papi & James P Walsh
With India growing faster than almost every other large economy, the government is right to address its long-run challenges. The push for investment in infrastructure is bearing fruit and the expansion of social programmes such as the National Rural Employment Guarantee Act (NREGA) and the Right to Education Act (RTE) is spreading the benefits of growth across the population. But just as improved infrastructure doesn’t eliminate all traffic jams, rapid growth...
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