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Cloud on Red zone scheme by Nishit Dholabhai

Twelve districts that face no apparent Maoist threat have recently been added to the list of those worst affected by the rebels, officials said. They hinted that powerful politicians with influence in these 12 districts were eyeing a share of the development funds earmarked for the Red zones. Of the 12 districts, at least eight fall within the Lok Sabha constituencies of Congress MPs. Seven of the districts are in Madhya Pradesh...

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Hint of FDI in food retail by Jayanta Roy Chowdhury

The government is seriously considering minority foreign stake in food retail in the wake of the spurt in food prices. “FDI in (food) retail will lead to demand-driven farming and that can result in clusterised high-growth farming,” food processing minister Subodh Kant Sahay told the The Telegraph. Cabinet secretary K.M. Chandrasekhar is believed to have gone even further — reportedly endorsing a proposal of the department of industrial policy and promotion (DIPP)...

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Peeling The Policy Cipher by Lola Nayar

What’s Going Wrong?     * Market intelligence remains a weak link; farm policies rarely reflect correct scenario     * Extensive damage to crop in Maharashtra not factored in promoting onion, tomato exports     * Middlemen make capital while farmers realise 10-15% margin, not enough to recoup losses     * Government market intervention capacity limited to foodgrains and pulses **** India’s worst-kept secret was finally revealed when the government threw up its hands in despair in the...

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Manmohan sets up inter-ministerial group to review inflation

After three days of hectic consultations with Cabinet colleagues and experts, Prime Minister Manmohan Singh on Thursday set up an inter-ministerial group under the Chief Economic Adviser to the Finance Ministry to review the inflation situation with particular reference to primary food articles. It will also assess international tariff trends and recommend action on the fiscal, monetary, production, marketing, distribution and infrastructure fronts to prevent “price spikes.” As an immediate measure to...

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Babu hand in Sonia-PM rift

When Manmohan Singh wrote to the Sonia Gandhi-led NAC on December 31, rejecting its recommendations to increase minimum wages paid under the NREGS, he had referred to a “consensual view” that emerged from ministries involved. Gandhi had written to the PM in November that workers under NREGS were being paid less than the minimum wage  in some states. “This is a totally unacceptable situation and needs to be corrected at...

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