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Normal monsoon may give UPA some help

-The Times of India Rains could bring some relief to the UPA in the pre-election year with the meteorological department on Friday projecting a countrywide normal monsoon for 2013. The forecast should allay government's fears of food inflation jumping again over the 10% mark after being only partially tamed in the last quarter of the financial year. The weather office said that rainfall would be within the normal range - 98% of...

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Congress attempts to recapture tribal votes with 3-tier remuneration scheme

-The Times of India After the job guarantee scheme played a crucial role in UPA's reelection, the government is working on a plan to reach out to 100 million tribals to ensure remuneration for minor forest produce. The government will unveil an ambitious initiative by June, after the Cabinet clears the policy. The plan is to have a mechanism to fix the minimum support price for a list of 10-15 non-timber forest...

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Govt set to review buffer stock norms -Madhvi Sally

-The Economic Times The government is reviewing the norms for keeping buffer stocks of wheat and rice required at a particular time of the year to feed the public distribution system and welfare schemes. The demand for wheat and rice distributed through welfare schemes is expected to rise with the implementation of the food security law. "The government is looking at the issue and we are discussing it with different departments," KV Thomas,...

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Kisan credit cards buoy rural demand- Dinesh Unnikrishnan

-Live Mint In the two years to March 2012, the number of kisan credit cards grew by 28%, while the outstanding amount grew by 76% So far, the rural job-guarantee scheme, other social programmes by state governments and the raising of Minimum Support Prices to farmers have been cited as reasons for the continued buoyancy in rural consumption and also for inflation in food items. But there could be another insidious...

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An Agricultural Nightmare -Deepak Gopinath

-Outlook India has long been the sleeping giant of global agriculture. But its misguided policies while boosting short-term output, yet may transform India into a food importer After decades on the sidelines of international agricultural trade, India was poised last year to become a major food supplier, overtaking traditional exporters of food grain and meat. This could prove to be flash in the pan. The sudden rise and fall of India...

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