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The problem of plenty by Rohtash Mal

Indian farmers have much to celebrate this year with a bumper wheat harvest. As predicted by the ministry of agriculture, wheat farmers have begun to harvest what is shaping up to be a record crop, projected at 84.27 million tonnes. We are growing more wheat than ever before. The earlier record of 80.8 million tonnes of wheat production was achieved in 2009-10. Estimates show that foodgrain production including wheat, rice, pulses...

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World Bank signals Bengal by Jayanta Roy Chowdhury and R Suryamurthy

The World Bank has cleared a $975-million (Rs 4,387 crore) loan for a pet rail project of Mamata Banerjee, the funds signal flashing at a time Bengal is on the lookout for affordable funds. The loan is meant for the first phase (Ludhiana-Mughal Sarai) of a dedicated high-speed freight corridor that will eventually link Calcutta and Delhi. But those familiar with the World Bank’s operations suggested that the approval could be more...

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Debt-ridden farmer commits suicide by Debajyoti Chakraborty

Brajendra Ghosh (45), a farmer, committed suicide allegedly by consuming pesticide at Durmut village in Mangalkote on Sunday morning. He was declared dead on arrival at the Katwa Hospital. In the recent past, several cases of farmer suicides have come to light. But this is the first such case due to Debt in the rice bowl of the state after the new government led by Mamata Banerjee stormed into power....

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Cash Transfers as the Silver Bullet for Poverty Reduction: A Sceptical Note by Jayati Ghosh

The current perception that cash transfers can replace public provision of basic goods and services and become a catch-all solution for poverty reduction is false. Where cash transfers have helped to reduce poverty, they have added to public provision, not replaced it. For crucial items like food, direct provision protects poor consumers from rising prices and is part of a broader strategy to ensure domestic supply. Problems like targeting errors...

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Singur agreement to be made public: Mamata by Indrani Dutta

Even as she said that she would welcome the Tatas setting up a unit at Singur, Chief Minister Mamata Banerjee said here on Wednesday that the agreement signed between Tata Motors and the previous government for the Nano project would be put in the public domain within a day or two. Briefing the Press after her second Cabinet meeting since assuming office last weekend, she said: “As a reciprocal gesture, I...

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