Acting with determination and firm action, it should be possible for India to step up its agricultural growth rate to 10 per cent. The 11th Five Year Plan seeks to achieve 4 per cent growth rate in agriculture by the end of the Plan period. The Planning Commission is working towards an overall 9 per cent to 10 per cent growth rate. But the target of 4 per cent growth rate is...
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Tripura minister concerned over shifting cultivation in Northeast
Tripura Forest Minister Jitendra Chowdhury has expressed deep concern over degradation of forest land due to shifting cultivation (Jhum) over the years and revealed that Manipur has emerged as the worst-affected State, followed by Nagaland, Mizoram and Tripura. Addressing a National Seminar on the Great Depression of 1930s and Present Global Economic Melt Down and its Impact on Tribal Society at Shillong last week, Chowdhury said about 45 per cent of...
More »Revenue share from sand for dam areas
Finance Minister T.M. Thomas Isaac has rolled out a road map for utilising revenue from sand mined from dams. He has announced a proposal to make special provision for the development of areas around the dams as a compensation for the hardship they undergo owing to the mining and related activities. Replying to a debate on the Appropriation Bill on the supplementary demands for grants worth Rs.3,400 crore in the Assembly...
More »Danger of inflation by CP Chandrasekhar
WELL before Budget 2010-11 was presented, inflation had emerged as the principal economic problem in the country. With food-price inflation running at close to 20 per cent, even the United Progressive Alliance (UPA) government at the Centre had been forced to recognise it as a problem that deserved as much attention as the objective of achieving a 9 or 10 per cent rate of growth, if not more. In fact,...
More »The Allure Of Organic Manure by Bhavdeep Kang
IN GREEN-LIGHTING the new “nutrient- based” fertiliser policy, Finance Minister Pranab Mukherjee pulled off a political coup, overriding the objections of the once-powerful UPA allies, DMK and NCP. What’s more, it is those very critics who will be responsible for the actual delivery of benefits to farmers under the new scheme — which is a tall order. With Mamata Banerjee’s TMC putting in only a token caveat, the reservations of Union...
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