Policy reforms required to bring about better convergence of schemes Streamlining of environment clearance for infrastructure projects suggested Higher farm sector share in economic development needed The Economic Survey 2010-11 has advised the government to carry out nearly a dozen reforms pertaining to various sectors of the economy and stressed that action in this regard would be necessary to achieve the 9 per cent GDP (gross domestic product) expansion projected for 2011-12 and...

The Government does not bother to know what crops are being sown “India's daily turnover from vegetables and fruits could be easily about Rs. 275 crores (US$ 59 million). The estimated cost of ‘wastage' per day, is around Rs. 130 crores (US$ 27 million). In summary, it's a lot bigger than some of the Indian IT sector's daily turnover”, says Mr. Venkat Subramanian, Founder and Managing Director, Matchbox Solutions, a company...

Surinder Mahato is a worried man. A small farmer on the outskirts of Bihar's capital Patna, he laboured throughout last year's drought to ensure that his farm's output of rice was not affected. But he now stares in distress at the stacks of paddy lying in his hut. 'I am waiting to sell my crop, but due to the government negligence, I am forced to sell at throwaway prices to local...

PM Manmohan Singh disputed the estimates of huge loss from the spectrum swindle by citing the subsidies given to the poor on food and kerosene in his interaction with the media on Wednesday. Responding to a question on whether he agreed with telecom minister Kapil Sibal that there was zero revenue loss on 2G, he said there could be no opinion on such an issue, stressing that many consider the...

A high-level committee appointed to examine introduction of minimum support price (MSP) for non-timber forest produce has recommended that a central agency be constituted to fix MSP for the produce collected by tribals and the price be fixed keeping in mind wages paid under National Rural Employment Guarantee Act (NREGA), transportation cost, value addition to the produce and local market prices. The committee, which was appointed in August last year...