-The Telegraph One Singh has told the Congress what another Singh probably wants to: create a political environment conducive for reducing subsidies. Planning Commission deputy chairman Montek Singh Ahluwalia has told Congress MPs that subsidy cuts are essential if India has to preserve its growth momentum — a statement more in line with the known views of Prime Minister Manmohan Singh than the populist line preferred by many Congress leaders. Many Congress MPs,...
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Wheat exports by private traders may be banned-Rituraj Tiwari & Madhvi Sally
-The Economic Times The government may ban wheat exports by private traders under open general licence despite having enough stocks to feed the country for two years due to concerns about high global prices and the drought-like situation back home that has triggered a 20% rise in wheat futures in a month. "There are chances that private traders may divert all the available wheat in the market -- released at subsidised rates...
More »Switch from farm subsidy to farm investment-Ashok Gulati
-The Economic Times With a weak monsoon, farmers and farm labour, agri-investors and policy makers, everyone is looking up in the sky and praying for more water to pour. Farm analysts are debating whether this will lead to a drop of 16 million tonnes of foodgrain, as it happened in 2009, or 38 million tonnes, as it did in 2002. NCAER is projecting 20 million tonnes drop in grain production in...
More »Centre Left Punjab Out of Drought Relief Ambit: Badal
-PTI Punjab Chief Minister Parkash Singh Badal today alleged that the state was "deliberately left out" by the Centre when announcements were being made for relief packages for states facing drought-like situation. Referring to the relief announced by the Centre for some states like Gujarat, Maharashta and Haryana in view of drought like situation, Badal said "it is unfortunate that Punjab was deliberately left out of its ambit despite the fact that...
More »Facing up to a drought
-The Hindu What started as a dismal monsoon has since gone from bad to worse. It reached the subcontinent a few days late and its progress northwards thereafter was anything but vigorous. By the end of June, large swathes of the country had received hardly any rain and the nationwide rainfall deficit soared to 29 per cent. Even at that stage, however, there was a chance that the monsoon could recover...
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