-The Pioneer Hitting at UPA’s biggest flagship scheme Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), Agriculture Ministry has criticised the scheme in it’s first ever Agriculture Survey saying that MGNREGA has led to double digit growth in wages annually in the last few years even exceeding the rate of inflation that prevailed during this period. The Agriculture Survey is compiled by the Agriculture Ministry as a precursor to Union Budget on...
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Farmers demand separate budget for eco fertilisers by Trithesh Nandan
“Huge subsidy on chemical fertilisers unmindful, useless” Small and marginal farmers have raised the demand for special allocation for organic farming and ecological fertilisation in the forthcoming budget, which finance minister Pranab Mukherjee will present on March 16. According to them, chemical fertilisers, the subsidy for which is likely to touch Rs 1 lakh crore in 2011-12, are not benefitting the soil and are burdening them with high-cost cultivation instead. “The government...
More »Difficult to digest by Jyotika Sood
After much debate, the Cabinet cleared the food security bill. Will it really ensure food for every Indian? THE Lokpal Bill debate may have ended in a fiasco but 2011 ended on a positive note for the Congress-led UPA government on another count. Its pet project, the National Food Security Bill (NFSB), was cleared by the Union Cabinet and introduced in Parliament. The bill seeks to address widespread hunger in the...
More »FDI in Retail: Misplaced Expectations and Half-truths by Sukhpal Singh
The central government claims that allowing foreign direct investment into India’s retail sector will benefit small farmers, expand employment and lower food inflation. What has been the experience in India with organised retail so far and what has been the global experience with FDI? Sukhpal Singh (sukhpal@iegindia.org) is currently at the Institute of Economic Growth, Delhi. After being under relentless attack for a week, the United Progressiv Alliance government was forced to...
More »Modi-led panel of CMs had suggested organized retail in report to PM
-The Times of India Promotion of organized retail and contract farming to improve farm production and modernize the agriculture supply chain as well as direct marketing initiatives are among the highlights of the report on consumer affairs prepared by a group of chief ministers chaired by Gujarat CM Narendra Modi. In a report submitted to Prime Minister Manmohan Singh in March, the committee headed by Modi prioritized reducing farm gate to retail...
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