The wastage of millions of tonnes of food grain due to lack of storage facilities may have rocked parliament and prompted the Supreme Court to direct the government to distribute grains free of cost to the poor, but Kaushik Basu, chief economic advisor in the finance ministry, believes lack of warehouses is only part of the problem and is in no way responsible for the rising food prices. In ‘The economics...

The wastage of millions of tonnes of food grain due to lack of storage facilities may have rocked parliament and prompted the Supreme Court to direct the government to distribute grains free of cost to the poor, but Kaushik Basu, chief economic advisor in the finance ministry, believes lack of warehouses is only part of the problem and is in no way responsible for the rising food prices. In ‘The economics...

The prime minister, in his Independence Day address said: “I am happy that the growth rate of our agriculture has increased substantially in the last few years. But we are still far from achieving our goal. We need to work harder so that we can increase the agricultural growth rate to 4% per annum” . Is it possible? If so how? The production shortage of wheat in India in 2006...

The ubiquitousness of the mobile phone in urban areas and its spread in rural areas in India seem to have fed a notion — not substantiated by hard evidence — that there is a wide and deep market for such services in the countryside. Such a notion has remained largely unverified because of the scarcity of data on the extent of ownership of assets and access to services such as...

Members of the Central Employment Guarantee Council (CEGC), the government body for implementation of the Mahatma Gandhi National Rural Employment Guarantee Act, have suggested that jobs be guaranteed round the year in Naxal-hit regions. The suggestion, made by one of the six working groups set up for improving the scope of the MNREGS, came up for discussion at Friday's CEGC meeting here. The group said that in drought prone areas and regions...