Bihar Chief Minister Nitish Kumar made a strong pitch for bringing to an end the policy of implementing Centrally-sponsored schemes in states, saying the Centre should confine itself to broad policy making. "You (Centre) develop policy and broad roadmap. Leave the decision on schemes for states. Stop Centrally-sponsored schemes. You give us task...you decide a target and help and monitor us but why going into minute details?," Kumar asked. Speaking at a...

The government today reviewed the prices and availability of sugar in domestic market in the backdrop of strong industry demand for allowing exports. An empowered group of ministers (EGoM) on food, headed by Finance Minister Pranab Mukherjee, however, did not take any decision in this regard due to the absence of three key ministers -- Agriculture Minister Sharad Pawar , Commerce Minister Anand Sharma and Food Minister K V Thomas. "Sugar was...

Despite the decision taken at a meeting of representatives of farmers, co-op sugar factories and the government, some factories in Ahmednagar district are not paying the revised advances to sugarcane farmers. At the meeting held in Pune on December 19, it was a decision was taken to revise the advances to Rs 1,800 per tonne in Pune region and Rs 1,750 in Marathwada, Khandesh and Vidarbha. However, the payment of...

Global wheat harvests may trail demand for a second year, spurring hoarding and further price gains, said the United Nations. “Whenever you get the market as tight as we are now, hoarding becomes widespread,” Abdolreza Abbassian, a senior economist at the UN Food and Agriculture Organization, said in an interview by phone from Rome. Wheat, corn and soybeans soared to the highest levels since 2008 yesterday as a U.S. government report showed...

Indian Home Minister Palaniappan Chidambaram is the nation's domestic security chief, overseeing a broad portfolio that includes battling a homegrown Maoist insurgency and routing out terrorists. The 65-year-old, a veteran of the ruling Congress Party who previously held senior economic posts and played a key role in the country's post-1991 liberalization, is considered a future contender for the post of prime minister. Recently, he spoke to The Wall Street Journal. Here...