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CAG audit nails Centre’s claim on LPG subsidy saving -Josy Joseph and TCA Sharad Raghavan

-The Hindu The audit has also found substantial systemic problems with the Direct Benefit Transfer in LPG scheme, called Pahal by the government. The Centre claims it would end up saving almost Rs. 22,000 crore in the financial years of 2014-15 and 2015-16 since launching its two-pronged approach on cooking gas subsidy — introducing direct bank transfers of the subsidy and asking better off consumers to voluntarily give up theirs. However, a CAG...

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Govt readies mega pulses plan to rein in inflation, boost supply -Zia Haq

-Hindustan Times New Delhi: The government is readying a new policy framework to rein in the inflationary impact and stabilise the supply of pulses, a widely consumed but scarce food item with economy-wide implications. Three ministries – agriculture, food and finance – and the state-run policy think-tank Niti Aayog are coordinating efforts to frame the new measures that will see the government step in as one of the key importers of pulses. “The...

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Are We Ready For The Bumper Harvests? -Sandeep Sabharwal

-Business World It is time for mainstream approach to change so that warehousing industry is perceived as a services sector. Warehouses can become the distribution centres pan India India is the world's second-largest fruit producer, with an annual production of 46.8 million tons, accounting for 10 per cent of global fruit production. It is also the world's second-largest vegetable producer, with an output of 90.85 million tons, accounting for 14 per cent...

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Indians go for cheaper pulses as tur dal prices keep rising -Madhvi Sally

-The Economic Times NEW DELHI: High prices of tur (arhar) dal are driving consumers to newer and cheaper varieties of pulses such as dun peas, green lentils and yellow peas. Rs 150-200 a kg while dun peas Tur dal is selling for as are much cheaper at Rs 45 a kg and yellow peas Rs 45-50 per kg. Green lentils are currently priced at Rs 100 a kg. Traders said consumers have been...

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From Plate to Plough: Twenty-five years of tinkering -Ashok Gulati

-The Indian Express Agriculture needs a champion in the Union cabinet. July, this year, marks the silver jubilee of economic reforms. It is time to take stock of our major successes and failures. There is a saying that bad times are often good for policies and good times are bad for policies. It is well-known that the foreign exchange crisis, with reserves falling to as low as $1.5 billion, triggered fundamental changes...

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