-The Business Standard The NDA is looking to reduce fiscal deficit not by chopping social sector spending but by paring it down Finance Minister Arun Jaitley is fairly confident the government will meet this year's fiscal deficit target. At 4.1 per cent of gross domestic product the deficit looked looked like a bit of stretch in July but the food subsidy, for one, is not going to balloon as in previous years. The...
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High Rural Wages Have no Bearing on Inflation -Gayathri Nayak
-The Times of India A Reserve Bank of India paper says that the UPA flagship MGNREGA or the Mahatma Gandhi National Rural Employment Guarantee Act, under which a household is assured of 100 days of wages per year in return for working on various rural development, has not actually contributed to the rise in food inflation as generally perceived. Incidently, the Reserve Bank was among the first to point that the...
More »To Be or Not to Be: NFSA Dilemma Continues -Sankar CG
-The New Indian Express PALAKKAD: With only ten days remaining for the announced date for implementing the UPA government's ambitious social welfare programme, the National Food Security Act (NFSA) on November 1, the state government is still not sure about its implementation. At a time when district supply officers are busy sealing NFSA on BPL, Anthyodaya and other special cards to distinguish cards eligible for Rice under NFSA, they are kept in...
More »WTO Talks Inconclusive, Discussion to Continue
-Outlook Geneva: With India sticking to its tough stand, efforts to break the impasse in the WTO on trade facilitation agreement and food security issues today proved futile and further consultations will continue over the week. The General Council of the World Trade Organisation (WTO), which met after a gap of over two months, could not make much headway. "I will be holding a series of meetings in a range of different configurations....
More »Farmers' collective in Bengal village grow indigenous paddy on dry land and make a seed bank -Jayashree Nandi
-The Times of India PRATAPPUR: Paddy grows in a dry patch on this farm. No fertilizers are used, the farm is not irrigated either. It is an experiment by seven farming enthusiasts who are trying to revive indigenous varieties and make them commercially viable in their villages. The dry paddy patch is small but the farm of about 4.8 ha grows more than 250 indigenous, organically grown varieties of paddy, pulses...
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