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Bonus on MSP faces Centre's heat -Sanjeeb Mukherjee

-The Business Standard   Food Corporation to restrict procurement of foodgrain from states announcing additional sops In a crackdown on the practice of states announcing bonuses on the minimum support price (MSP) for wheat and rice, the Centre has said Food Corporation of India (FCI) will restrict procurement of foodgrain from such states. This will be effective from the coming rice procurement (October 2014-September 2015) and wheat procurement (April 2015-March 2016) seasons. If states...

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Assocham suggests measures to boost agriculture growth

-PTI Says some of the immediate measures are implementing APMC Act in all states Stating agriculture has the potential to take India's growth to 8% and create millions of jobs in rural areas, Assocham has suggested a slew of measures to the Government in this regard. It has suggested the NDA government to adopt an enabling policy environment, modern technology and boost supply-chain efficiency to address food inflation, encourage investment-led growth and ensure...

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Having a free press is a necessary condition for responsive government and reduced corruption -Prasanna Tantri

-The Times of India   Last month's general election brought the role of media under the spotlight. Media faced severe criticism from political parties, intellectuals and industry insiders for allegedly being partisan during elections. A large section of mainstream media has been castigated as "paid media" by social media enthusiasts. In this context, however, a great deal of work already exists in the political economy literature analyzing the real effects of having a...

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How Govt can fight food inflation -Tejinder Narang

-The Hindu Business Line   Plus ça change, plus c'est la même chose (The more things change the more they remain the same ): A French proverb. In its earnest to tackle rising food inflation the new Government has taken a welcome initiative to delist fruits/ vegetables including onions (FVO) from the Agricultural Produce Marketing Committee (APMC) Act, while all other measures are as usual - short term of political expediency, repeated several...

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Make Power Distribution Reforms a Top Priority: World Bank

-Outlook   Electricity Distribution to the end consumer in India needs reform in order to achieve the target of electricity to all by 2019, says the World Bank. "Power Distribution in India needs sweeping reforms if it is to bring back the country to a high growth trajectory and meet its goal of expanding access to electricity to all by 2019', the Bank report released today said. Today, India's annual per capita power sector...

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