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Budgeting for failure

-The Business Standard The government runs out of money for fertiliser subsidy The government, according to recent newspaper reports, finds itself unable to clear the mounting subsidy dues of the fertiliser industry — the budgetary allocation for this purpose has already exhausted. This is as much a reflection on the shocking flaws in the Budget-making exercise for this financial year as on India’s misguided fertiliser subsidy policy. The arrears payable to...

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A 'Cost-Benefit' Analysis of UID-Reetika Khera

-Economic and Political Weekly A cost-benefi t analysis by the National Institute of Public Finance and Policy of the benefits from Aadhaar integration with seven schemes throws up huge benefi ts that are based almost entirely on unrealistic assumptions. Further, the report does not take into account alternative technologies that could achieve the same or similar savings, possibly at lower cost. Reetika Khera (reetika.khera@gmail.com) is at the Institute of Economic Growth on...

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Davos 2013: new vision for agriculture is old news for farmers

-The Guardian The media spotlight is on the role of smallholder farmers in poverty reduction and food security, but what they need is action on land rights and support to stand up to powerful partners With the launch of the Enough food for everyone If campaign, global food security is once again high on the public agenda. The UK campaign hopes to harness public support leading up to the meeting of the...

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fertiliser subsidy bill balloons but government opposes any price revision

-The Economic Times A Committee of Secretaries (CoS) recommendation for a 10% increase in urea prices notwithstanding, the fertiliser ministry is in no mood to bite the bullet. The ministry has categorically said in a note that it opposes the recommendation and that there should be no price revision. The Cabinet has been deferring a price raise for the last six months due to the fertiliser ministry's opposition. The government has been...

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Seeds Of A Divide -Mark Lynas and Vandana Shiva

-Outlook Environmentalist and author Mark Lynas now says GM crops are the answer to global food security. Vandana Shiva disagrees. The already heated debate about genetically modified (GM) foods in India has intensified thanks to a dramatic change in stance by environmentalist and author Mark Lynas,who now says GM crops are the answer to global food security. While India awaits two crucial reports on the topic, we interviewed Lynas and noted...

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