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Budget 2012: Introduce VAT on farm produce, says government report

-PTI With agriculture share in GDP halving to 15 per cent in the last two decades, a government report card today called for major reforms, from marketing to investment, and new technologies for accelerating farm growth.  The report on 'State of Indian Agriculture 2011-12', tabled in the Lok Sabha said, "Achieving an 8-9 per cent rate of growth in overall gross domestic produce (GDP) may not deliver much in terms of poverty...

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Policy Distortions Hurt Agriculture by Bibek Debroy

Food price inflation, and inflation in general, has become less of an issue. But it isn’t an issue that will go away. Give it till June and inflation is likely to inch up again. Competition is a good antidote against price increases. It ensures efficiency and reduces price volatility. Logically, food price inflation should trigger and stimulate agricultural reform, so there is competition and supply-side changes can occur. But in...

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President for out-of-box solutions to deal with farming issues

-PTI   Reflecting the utmost priority to address farm sector woes, a first-of-its-kind workshop was held on Wednesday at the initiative of President Pratibha Patil where Prime Minister Manmohan Singh pitched for raising agriculture output to provide food security to citizens.  At the workshop attended by eight Union ministers, 20 governors, five chief ministers and 37 vice chancellors of agricultural universities, Patil underlined the need for "out-of-the-box" solutions to enhance productivity in rainfed...

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No Walmart, Please by Rajindar Sachar

If the combined Opposition had sat down for weeks so as to find an issue to embarrass the UPA Government and make it a laughing stock before the whole country, they could not have thought of a better issue than the free gift presented to it by the UPA Government by initially insisting that it had irrevocably decided to allow the entry of multi-brand retail leader superstores like Walmart, USA...

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Climate change: India's informal economy neglected

  -PTI Experts from the University of Oxford and Indian researchers are looking into the impact of climate change policies on India's informal economy, and to diagnose ways of reducing CO2 emissions and improving jobs.  By and large the global response to climate change has ignored informal economies and yet the larger part of India's economy and almost all its jobs are informal and not directly affected by government policy, a university release...

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