Crop insurance claims settlement has crossed Rs. 15,500 crore mark, benefitting over 4 crore farmers in the country. Crop insurance claims worth Rs. 15,521 crore have been settled as on 24.06.2010. With Rs. 3041 crore, Gujarat is on the top followed by Andhra Pradesh (Rs.2600 crore), Maharashtra (Rs. 1481 crore), Karnataka (Rs. 1406 crore) and Bihar Rs. (1236 crore). From Rabi 1999-2000 to Kharif 2009, 4.27 crore farmers have benefitted...

Conservatives appeared to trump the “radicals” as the Sonia Gandhi-headed National Advisory Council met today to consider revolutionary suggestions to widen the content and targets of a proposed “right to food” law. The food rights campaigners in the council wanted a targeted public distribution system (PDS) to cover all except the affluent, providing not just cheap cereals but also other requirements of nursing mothers, children, the aged and the physically challenged. The...

The question of whether it is possible to move — and how swiftly — towards universalising food entitlements under the proposed National Food Security Act, dominated the second meeting of the Sonia Gandhi-led National Advisory Council (NAC) here on Thursday, NAC sources told TheHindu. Universalising food entitlements will hinge on availability of food grains, and on whether the exchequer is in a position to bear additional cost of food subsidy...

The Union budget estimates the nominal rate of growth for the Indian economy to be 12.5 per cent during the current fiscal. While it is impossible to figure out the manner in which this number was arrived at, the government has predicted further that the inflation-adjusted real growth rate for the same year will be eight per cent. Simple arithmetic requires that the difference between the nominal and real growth...

Indicating a new-found determination to stay the course on politically sensitive reform measures, Prime Minister Manmohan Singh not only defended the recent decontrol of petrol prices but also said diesel rates would also be freed of government control. In comments while returning from the G20 summit in Toronto, the PM seemed to be in an assertive mood despite the Opposition calling a bandh to protest fuel price hikes. "The fact...