The world’s rich countries boosted government support for agriculture in 2009, according to a report that the Organisation for Economic Co-operation and Development (OECD) released last week. The report, “Agricultural Policies in OECD Countries: At a Glance 2010,” is part of the OECD’s annual effort to quantify and assess the support that its 31 developed country members provide to their agricultural producers. The OECD found that the Producer Support Estimate (PSE)...

For LPG and kerosene subsidy, government has to make up from petrol, says Montek Singh Ahluwalia he government should use its money on building schools and hospitals than subsidising oil companies, which were making huge profits because of grant, Planning Commission Deputy Chairman Montek Singh Ahluwalia has said. “The profits shown by the oil companies are largely due to subsidies. We are not supposed to be subsidising the oil companies ... we...

India is incredible (after shining), with the fastest growth rate, an emerging demographic dividend and innovative brains for the globe. But the vast majority in rural India — employed in agriculture, small-scale and tiny industries, self-employed, and with no assets — does not find it so. This government, claiming inclusive growth for the grossly deprived and poor, has not taken actions to bring down prices of essential food items, unprecedented...

Since she could remember, labourer Rama Nag (34) didn't know what her ration card meant, that as one of India's nearly 400 million officially poor people, she was entitled to subsidised foodgrain. Until 2006, here in the heart of impoverished tribal India, on the edge of the sprawling forests of Bastar and the Maoist zone of Dantewada, Nag and her family of four survived on rice and whatever they could...

Earlier this week, India's opposition parties came together in a rare show of unity to take to the streets in cities across the country. They protested against the government's recent decision to raise fuel prices after it scrapped its subsidy of petrol prices in an effort to cut the budget deficit. Supporters of the right-wing Bharatiya Janata Party joined hands with their ideological rivals among the Communists to paralyse normal life in...