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Centre lifts ban on onion export following farmers' protest

-The Hindu   Faced with strong protests from farmers and a demand from the Maharashtra government, the Centre on Tuesday announced the lifting of the ban on export of onions with immediate effect. The decision was taken by the Empowered Group of Ministers (EGoM) on Food headed by Finance Minister Pranab Mukherjee. “Ban on onion export has been lifted,'' Union Minister for Science and Technology Vilasrao Deshmukh told journalists after the meeting. Union Agriculture...

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Govt to make poverty line more realistic

-The Times of India   Facing a political storm over its poverty line prescription, the government decided to revise the Rs 32 a day expenditure criteria for urban population (Rs 26 for rural) by factoring in the 2009-10 National Sample Survey Organization report on household spend. The pittance outlined in the Planning Commission affidavit before the Supreme Court left the government squirming as the BJP and Left attacked it for framing poverty guidelines...

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Petrol-diesel cost gap widens; environment pays the price by Sandeep Joshi

30 per cent of cars sold last year were with diesel engines The growing gap between the prices of petrol and diesel has given a boost to the sale of diesel cars even as environmentalists cry foul over the public health impact due to the increasing use of diesel, which is also referred to as “dirty fuel” in Indian cities. While petrol consumers are paying market-linked prices of Rs. 66.84 per litre...

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PMO directs ICAR to develop temperature resistant crop varieties

-The Economic Times   The Prime Minister's Office has asked the department of agriculture to focus on ushering in the next phase of reforms by achieving self-sufficiency in key crops and ensuring creation of farm infrastructure. A review meeting of the agriculture sector, chaired by the Prime Minister's principal secretary, TKA Nair, has suggested specific measures to boost production, especially that of oilseeds and pulses, a government official said. The PMO asked...

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Address supply side on food: World Bank

-The Business Standard   Demand-side control cannot be an answer beyond a point to India’s persistently high food price inflation, the World Bank said on Monday. Consumer price-based food inflation in India has been at 10-20 per cent for quite a long while, noted its report on ‘Food inflation in South Asia’. The Bank’s chief economist for the region, Kalpana Kochhar, said controlling inflation in India was a difficult job for the Reserve Bank...

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