-The Economic Times The agriculture ministry is seeking more budgetary support to increase farm sector growth rate to 4% per annum from 3.5% at present. "The allocation this year would be more as the country needs to produce more to provide food security to the nation," an agriculture ministry official said. "The scheme 'Bringing Green Revolution in Eastern India' has done well with increased funds of Rs 1,000 crore. We expect more...
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Understanding FDI in Retail: What Can Economic Principles Teach Us? -Abhirup Sarkar
-Economic and Political Weekly The recent debate on the acceptability of foreign direct investment in the retail sector in India has been mostly political. It is necessary to look into the pros and cons of FDI in retail from a purely economic point of view. This article identifi es the safeguards that should be undertaken before allowing giant multinationals to function in the country. Abhirup Sarkar (abhirup@isical.ac.in) is with the Indian Statistical...
More »Increase Wage Days Under MGNREGS to 200: Reddy
-Outlook Andhra Pradesh today asked the Centre to increase the number of wage days under the Mahatma Gandhi National Rural Employment Gurantee Scheme (MGNREGS) from the present 150 to 200 to benefit non-farm labour and marginalised sections of the society. In his speech at the National Development Council meeting which was read out by Finance Minister Anam Ramanarayana Reddy, Chief Minister Kiran Kumar Reddy emphasised the need for synchronising MGNREGS with agriculture...
More »Weft and warp of a crisis-Vivek S & Aseem Shrivastava
-The Hindu Though more people in India are in the textile sector, than in any other of the economy, bar agriculture, hostile and indifferent government policies are giving it short shrift Handloom weavers from all over the country are on a 72-hour hunger strike at Jantar Mantar in New Delhi from today in protest against the government’s textile policy. The protest is led by Rastra Cheneta Jana Samakhya, the State Handloom Weavers’...
More »Ecology Should Be Factored-In for Food Security: UNEP
-Outlook The aim of achieving food security across the globe will become increasingly elusive unless countries take into account the planet's nature-based services into agricultural and related planning, said a report released by the United Nations Environment Programme today. Safeguarding the underlying ecological foundations that support food production, including biodiversity will be central if the world is to feed the seven billion people, climbing to over nine billion by 2050, according to...
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