-The Hindu The foundational work done in the 1960s has made it possible for India to make access to food a legal right. But more needs to be done to sustain the progress. This is one of the most significant years in India's agricultural and national history. At Independence in 1947, we were suffering from acute food shortages that led to the introduction of food rationing. Later, we started depending on imported...
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Food Ministry for cut in wheat Export floor price to $260/tonne
-PTI NEW DELHI: The Food Ministry has moved a Cabinet note proposing a reduction in the floor price of wheat by USD 40 at USD 260 a tonne to make Exports viable and clear surplus stocks. The revision in reserve price has been proposed as global buyers quoted USD 260-267 a tonne for recent bids, as against the benchmark price of USD 300 a tonne set for Export of two million tonnes...
More »Planning Commission calls meet on mining
-PTI Mining output fell 3.4% in April-August compared to a dip of 1.8% a year ago, due to SC ban on mining in Karnataka and Goa The Planning Commission has convened a meeting of ministries concerned next month to discuss the issues related to mining, including the ban on such activities in some states. "We have called a high-level meeting of the ministries concerned next month to discuss the issues related to mining...
More »Onions at Rs 20/kg? Not so far-fetched; Building buffer & imports can make them cheap-Ashok Gulati
-The Economic Times If I say today that I am ready to supply onions, in an improvised form, at Rs 20/kg home delivered, and round the year, people may think either I have gone crazy or I am dipping into the general exchequer to pull off a massive subsidy scheme for onions. Wrong. I will make a cool profit of 15 to 20% in this deal, do a great service to...
More »Catch-up in industrialisation-Deepak Nayyar
-The Hindu It was the visible hand of the state rather than the invisible hand of the market that helped the developing world catch up with the industrialised countries The emerging significance of developing countries, which gathered momentum after 1980, is beginning to shift the balance of power in the world economy. It could lead to a profound transformation in the next 25 years. This unfolding reality must be situated in the...
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