-The Business Standard Among the many initiatives and innovations being considered to improve returns to farming, the creation of producers’ companies deserves closer policy attention than has been the case so far. A farmers’ company, registered as a corporate entity with the registrar of companies, under the Companies Act, can help farm producers come together and derive economies of scope and scale. A group of farmers in Andhra Pradesh has reportedly...
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Useless pharmaceutical studies cause real harm by Carl Elliott
Last month, the Archives of Internal Medicine published a scathing reassessment of a 12-year-old research study of Neurontin, a seizure drug made byPfizer. The study, which had included more than 2,700 subjects and was carried out by Parke-Davis (now part of Pfizer), was notable for how poorly it was conducted. The investigators were inexperienced and untrained, and the design of the study was so flawed it generated few if any...
More »Making food subsidies work better by Pradeep S Mehta
If Rajiv Gandhi were alive, he would have been delighted to see his view on leakages confirmed by a research study on the public distribution system [How Can Food Subsidies Work Better? Answers from India and the Philippines by Shikha Jha and Bharat Ramaswami (http://www.adb.org/documents/working-papers/2010/economics-wp221.pdf)]. The ADB study showed that the deserving poor in India received only 10 per cent of the benefits from the system. Nearly twice accrues to...
More »Food security to create permanent wheat shortage by Nidhi Nath Srinivas
From next year, atta,bread,biscuits ,snacks and everything made from maida and sooji will become seriously more expensive. Even after a bumper crop, there just won't be enoughwheat for us. ET helps you join the dots. The trigger for wheat inflation that will hit each one of us is the Food Security Act, which kickstarts next year. The Food Corporation of India (FCI) will need substantially more wheat to supply three...
More »Food subsidy bill shoots up by a whopping of Rs 34,738 cr by Prabha Jagannathan
The Centre's food subsidy bill, incurred mainly on account of reimbursemnet of economic costs to theFood Corporation of India for grain procurement, holding and transportation, has shot up by a whopping Rs 34,738 crore compared to the budgetary allocation for 2011-12. This is mainly due to government buys of a record foodgrain crop in the 2010-11 agricultural year (july-june).The original subsidy for the year was estimated at Rs 47,239.8 crore....
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