-Economic and Political Weekly The runaway growth in states of subsidised solar pumps, which provide quality energy at near-zero marginal cost, can pose a bigger threat of groundwater over-exploitation than free power has done so far. The best way to meet this threat is by paying farmers to "grow" solar power as a remunerative cash crop. Doing so can reduce pressure on aquifers, cut the subsidy burden on electricity companies, reduce...
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Job scheme budget-cut plan sparks alarm -Basant Kumar Mohanty
-The Telegraph The finance ministry has decided to shave Rs 3,000 crore, or about nine per cent, off the rural job guarantee scheme's budget allocation, government sources told The Telegraph. The move comes at a time the NDA government has been trying to assuage the fears of the Opposition and social activists that it plans to dilute the programme, introduced by the UPA government. This year's budget allocation for the programme was Rs...
More »Maharashtra records highest number of farmer suicides this year -Vishwa Mohan
-The Times of India NEW DELHI: Maharashtra continues to face the challenge of dealing with rising cases of farmers' suicide. It has reported 204 such suicides in the first four months of the year - which is nearly half of what the state had reported in the entire year in 2013. The Union agriculture ministry on Tuesday informed the Lok Sabha of Maharashtra's dubious record followed by Telangana, Karnataka and Gujarat. Though...
More »Government to undertake extensive changes in land use, acquisition policies -Rajesh Ramachandran
-The Economic Times NEW DELHI: The government could soon undertake extensive changes in its land use and acquisition policies as the PMO puts pressure on the agriculture ministry to implement the recommendations of an eight-year-old report that was prepared by a working group chaired by the then Gujarat CM Narendra Modi. The report had proposed that industries and developers could make use of productive agricultural land for industrialisation and urbanisation by ensuring...
More »Moderate inflation is a passing phase: Economists -Ishan Bakshi
-Business Standard A monsoon deficit is likely to affect the agriculture output, which could have an impact on the food inflation The sharp fall in inflation over the past few months has raised the clamour for interest rate cuts. With the Consumer Price Index (CPI) falling to 5.5 per cent in October from 6.5 per cent a month ago, which is below the central bank's target of six per cent by January...
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