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Sticky food inflation a combination of fiscal indiscipline, rural wages, global factors -Sanjeeb Mukherjee

-The Business Standard Ashok Gulati in a paper also gave measures to contain the inflation As India's food inflation continues to remain stubbornly high - it was in double digit for the third straight month in February 2013 at 11.38% - a discussion paper floated by eminent agriculture economist and chairman of Commission for Agriculture Costs and Prices (CACP) Ashok Gulati has blamed high fiscal deficit, rising farm wages and global food...

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Cash transfer of subsidy could save Rs 60,000 crore: Study -Surojit Gupta

-The Times of India Direct transfer of benefits in cash to targeted beneficiaries of food and fertilizer subsidies could save an estimated Rs 60,000 cr and help trim the fiscal deficit which, in turn, may calm stubbornly high food inflation, a study by a government wing has shown. The study showed that policies to rein in food inflation would require winding down of the fiscal deficit, which has gone above 8% of...

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When Machine 'replaced' man as NREGA labourer-Vivek Deshpande

-The Indian Express Yavatmal: Works worth Rs 36 crore were completed in less than four months, supposedly a manual effort under the central employment scheme MNREGS, according to the Maharashtra's forest department. An inquiry ordered by the district collector has found it was made possible by a collusion between forest officials and contractors, who allegedly used Machines. Works worth Rs 32 crore were done in only nine of 56 gram panchayats in...

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Tankers and the economy of thirst-P Sainath

-The Hindu   The water markets of Marathwada are booming. In the town of Jalna alone, tanker owners transact between Rs.6 million and Rs.7.5 million in water sales each day Thirst is Marathwada's greatest crop this season. Forget sugarcane. Thirst, human and industrial, eclipses anything else. Those harvesting it reap tens of millions of rupees each day across the region. The van loads of dried-out cane you see on the roads could end...

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15,000 farm ponds to be created under MGNREGS -T Ramakrishnan

-The Hindu   To be dug in eight delta districts at a cost of Rs. 181 crore Chennai: At a time when the State, particularly Cauvery delta region, is in the midst of a drought, the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) has come in handy for the government to order the creation of 15,000 farm ponds in eight delta districts. The ponds are to be dug on lands of agriculturists who...

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