-The Hindu Which are India's most effective subsidies, the ones that best reach the poor? Chief Economic Advisor Arvind Subramanian devoted considerable space in the Economic Survey released on Friday to subsidies, how much they cost, whom they really go to, and how leaky they are. In terms of cost, the combined subsidy for rice and wheat clearly accounts for the largest share, a third of India's total subsidy bill. Please click here...

-The Hindu Vijayapura (Karnataka): The desire of the people of North Karnataka to have Jowar under Public Distribution System (PDS) is not going to be met this year too owing to acute shortage of Jowar in the market. "In all likelihood, the people of NK will not get their staple diet in their monthly ration because of the unavailability of adequate quantity of Jowar for procurement", said Dinesh Gundurao, the Minister for...

-Press Information Bureau/ Ministry of Finance Economic Outlook, Prospects and Policy Challenges Macroeconomic fundamentals in 2014-15 have dramatically improved. Highlights are: * Inflation has declined by over 6 percentage points since late 2013. * The current account deficit has declined from a peak of 6.7 percent of GDP (in Q3, 2012-13) to an estimated 1.0 percent in the coming fiscal year. * Foreign portfolio flows have stabilized the rupee, exerting downward pressure on long-term interest...

-The Financial Express The government has decided to dispense with "levy rice", a mandatory system under which rice millers also undertake rice procurement for the public distribution system by buying paddy directly from the farmers, effective the next marketing season starting October. The system, introduced way back in 1978, is set to be withdrawn as the government felt that a lack of effective supervision often allowed the millers to avoid paying minimum...

-The Hindu Business Line   Farmers don't get premium for their produce in the initial stages during transition to this agriculture Development of organic agriculture as an alternative tool to address the ill-effects of chemical-based cultivation practices is a recent phenomenon in India. It had achieved dramatic progress in the beginning but could not maintain the pace. The growth of organic agriculture in India has been accomplished by three categories of farmers. The first...