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Direct cash transfers will give spending boost to economy. Crisil explains how -Seetha

-FirstPost.com So we're all familiar with the argument that direct cash transfers (also known as direct benefit transfer or DBT) is a more efficient and cheaper way of delivering subsidies to the poor. Did you also know that this could also give a spending push to the economy? That's what a Crisil Insight report, Cascading cash, catalysing consumption, says, pointing out that an unconditional cash transfer will raise the discretionary spend of...

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The march down south -Vishwanath Kulkarni

-The Hindu Business Line Though migration of labour from the east has helped revive the plantations in southern India, questions remain on the long-term implications, Vishwanath Kulkarni reports As the harvest season starts in Coorg, Karnataka, coffee planter MC Kariappa has a lot of issues to contend with - productivity, weather and, the biggest worry of all in recent times, paucity of labourers. So when a dozen labourers from Assam landed at...

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A flawed approach to food security -Deepankar Basu & Debarshi Das

-The Hindu With India continuing to be plagued by malnutrition, it is foolhardy to use the changed food production situation in the domestic economy as a reason for dismantling the FCI Within months of assuming office, the BJP-led National Democratic Alliance government set up a High Level Committee (HLC) in August 2014 to restructure, reorient and reform the Food Corporation of India (FCI). The eight-member HLC was chaired by senior BJP leader,...

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Stress on 'smart' agriculture

-The Telegraph Guwahati: The Centre today asked Assam to tread the "lab-to-land" route to boost farm output and said an Indian agricultural research institute would be set up in the state. Union agriculture minister Radha Mohan Singh said Assam should make optimum use of its soil, which is of the highest quality, on the lines of Pusa (in Bihar where the research institute was incepted in 1905), to boost agricultural output. "Assam has...

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Government eliminates regulatory control over non-PDS kerosene

-Business Standard The move will reduce demand for diverted PDS kerosene by improving availability of non-PDS kerosene in the open market The petroleum ministry on Tuesday announced that the government has freed regulatory control over storage, transportation and sale of kerosene sold outside of the public distribution system (PDS). To facilitate the move, aimed at increasing availability of white or market-priced kerosene, the government has amended the kerosene (restriction on use and fixation...

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