TARN TARAN, India—India's northern state of Punjab was once a symbol of the nation's economic progress, its advances in agriculture lauded world-wide as a spectacular feat that made India self-sufficient in food production. But Punjab today faces a grave economic crisis, the result of years of shoddy governance that have stunted growth and created such a mound of public debt that the state is now seeking a multibillion dollar bailout from...

-ToI   The government patched together an intricate—and flawed—fertiliser system over the last 40 years. It now wants to dismantle that monster. The challenge before it is to preserve its pro-agriculture and pro-poor objective, while correcting the flaws that crept in, reports M Rajshekhar If it all goes to plan, buying or selling fertiliser will never be the same for the 120-odd companies that make up this Rs 1,00,000 crore industry or...

The health and women & child development ministries have refused to give an affidavit to the Supreme Court on how many children die of hunger in India every year. UNICEF says 50% of all the deaths of children aged below five years are from malnutrition. That works out to 2,438 children dying every day for lack of food. But no one in the government is ready to stick its neck out...

An urban Indian spending a penny more than Rs 578 a month – roughly Rs 20 a day – on all his basic needs cannot be termed poor and would not receive social benefits and subsidies given by the Centre to BPL citizens, the Planning Commission has said. The commission told the Supreme Court on Tuesday that a city dweller cannot be termed poor if his average monthly spends exceed Rs...

The long search for an effective system to target subsidies on food, fertiliser and fuel has finally ended with the Planning Commission accepting the idea of an Aadhaar-based rechargeable smart card. Ideas like direct cash transfers and food stamps have been rejected in favour of the Aadhaar smart card. The new proposal can help target the food subsidy with the tamper-proof biometric cards – Aadhaar unique identity cards – being...