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Foodgrains output exceeds target for 2013-Gargi Parsai

-The Hindu The Centre on Friday revised its foodgrains production estimate upwards by 5.22 million tonnes for 2012-13 over earlier expectation on account of higher output of rice, wheat and coarse cereals. The total foodgrains output is now estimated at 255.36 million tonnes with wheat production pegged at 93.62 million tonnes and rice at 104.22 million tonnes. "We have every reason to be fairly satisfied," Union Agriculture Secretary Ashish Bahuguna told The Hindu...

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Study Sees NREGA Potential in Conserving Natural Resources -Urmi A Goswami

-The Economic Times The UPA government's flagship employment guarantee programme can play an important role in conserving natural resources and sustaining water supply and food production, according to a study. Conceived to provide livelihood security for the rural poor, the scheme can also help reduce and counter the impact of climate change in villages, according to the study, "Environmental Benefits and Vulnerability Reduction through Mahatma Gandhi National Rural Employment Guarantee Scheme"...

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Blame Govt for high wheat prices -CP Chandrasekhar and Jayati Ghosh

-The Hindu Business Line   The general tendency among Indian policy makers currently is to blame international price movements for the rise in prices of essential food items in India. The extent to which this claim is valid is assessed by examining the specific case of wheat. It is no secret that Indian food prices are increasingly affected by international prices. Ever since 2002, when all quantitative restrictions on Indian imports of agricultural...

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Normal monsoon may give UPA some help

-The Times of India Rains could bring some relief to the UPA in the pre-election year with the meteorological department on Friday projecting a countrywide normal monsoon for 2013. The forecast should allay government's fears of food inflation jumping again over the 10% mark after being only partially tamed in the last quarter of the financial year. The weather office said that rainfall would be within the normal range - 98% of...

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Proactive for Ambani, but UPA sleeping over CAG recommendations-Sujay Mehdudia

-The Hindu The UPA government has been proactive in responding to demands by Reliance Industries Limited (RIL) for a raise in natural gas prices, but has shown little urgency in implementing the Comptroller and Auditor General's (CAGs) recommendations made in 2009 on the audit of oil and gas contractors such as RIL. The CAG recommendation would have facilitated the intense scrutiny of the prices and profits made by the contractors. The Petroleum Ministry's...

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