The Posco project has turned into a political hot potato with the two main Opposition parties trying to extract as much out of it as possible, hoping the Rs 51000 crore project turns into another Singur. At a time when Naveen Patnaik government finds itself embroiled in a number of unsavoury controversies, including horse trading during the Rajya Sabha elections, the Congress and the BJP are looking to deliver the coup...

-The Economic Times   It's promising to be a tumultous kharif sowing season notwithstanding the massive food grain stocks with the government which is forcing down farmer produce prices countrywide. Early arrival of a forecast normal to good monsoon should have ordinarily enthused farmers to increase the acreage under key summer sown crops this season. But, in protest against the Centre's persisting anti-farmer policies, small and marginal farmers in some villages...

The current perception that cash transfers can replace public provision of basic goods and services and become a catch-all solution for poverty reduction is false. Where cash transfers have helped to reduce poverty, they have added to public provision, not replaced it. For crucial items like food, direct provision protects poor consumers from rising prices and is part of a broader strategy to ensure domestic supply. Problems like targeting errors...

-The Economic Times   World Trade Organisation (WTO), the primary international body to help promote free trade has questioned India for providing subsidy on only indigenous ammonium sulphate and not on the imported fertiliser. " WTO has asked India to furnish details as to why it has kept imported ammonium sulphate out of the ambit of Nutrient-Based Subsidy (NBS) policy," a senior Fertiliser Ministry told PTI. The Fertiliser Ministry is still examining the...

-ToI   The government patched together an intricate—and flawed—fertiliser system over the last 40 years. It now wants to dismantle that monster. The challenge before it is to preserve its pro-agriculture and pro-poor objective, while correcting the flaws that crept in, reports M Rajshekhar If it all goes to plan, buying or selling fertiliser will never be the same for the 120-odd companies that make up this Rs 1,00,000 crore industry or...