With a large number of people living on subsistence level of income, the government has to safeguard their interest by ensuring availability of food grains at an affordable price. Success of any policy or programme to this effect depends on growth in agriculture production and procurement of wheat and rice, the main staple foodgrains. Though the performance of agriculture has not been uniform throughout and its growth rate has varied...
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SC panel asks govt to feed the hungry to prevent hunger deaths
With 15 of Orissa's 30 districts hit by drought amid allegations of more than 400 starvation deaths in nine years, a Supreme Court panel has asked the administration to rescue hungry people immediately to prevent possible deaths. The SC appointed Commissioner and Special Commissioner have recommended a "protocol" for preventing hunger deaths in the state. "Protocol for preventing starvation would ensure that the state response is appropriate to mitigate some...
More »Fringe benefits taxed by Seema Purushothaman
Post-independence policies have taken away all securities of the small farmer Historically, compared to other developing economies, India has had relatively smaller agricultural land-holdings. Mixed farming and animal tending was the backbone of small and marginal rain-fed agriculture. Diverse food crops along with animal produce ensured relatively balanced nutrition. But policies in independent India reduced diversity while increasing the market dependence of small farms. Small farmers became victims of policies favouring...
More »Patna unplugged by NK Singh
Is Bihar on steroids, boosted by an excessive stimulus of dramatically higher public outlays than ever in the past? Like all stimulus, does it also bear the danger of slumping back when it is withdrawn? Is the widely acclaimed growth turnaround a durable and sustainable one? These are among the many issues, which are currently being debated. But first the facts. Bihar is the best turnaround story that the country has seen...
More »Private banks gear up to take on public banks in rural India by Anita Bhoir
India’s private sector banks are busy drawing up plans to attack public sector banks in their backyard—rural India—by opening hundreds of new branches. They don’t need to seek the Reserve Bank of India’s (RBI) nod any more to open branches in smaller towns and large villages, the so-called tier III to VI centres with population below 50,000. The Indian central bank has also permitted private and public sector banks to...
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