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Farm support prices come with hidden costs -Ashima Goyal

-The Hindu Business Line In view of the distortions arising out of excessive price support, direct income transfers to farmers is a better option The domestic debate has tended to conclude that the rise in MSP announced in the Budget is an essential part of achieving the government’s objective of doubling farm incomes. But MSP stands for minimum support prices and is an instrument designed for reducing income volatility, not for raising...

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If Jharkhand's Direct Benefit Transfer Experiment Isn't Working, Why Is It Still On? -Jahnavi Sen

-TheWire.in A government social audit conducted in April has found that 96.9% of people in Nagri block want to go back to the old public distribution system rather than continue with the Aadhaar-link benefit transfers. New Delhi: Even though a Jharkhand government social audit has confirmed widespread dissatisfaction with the Aadhaar-linked direct benefit transfer (DBT) pilot experiment in the public distribution system (PDS) in Nagri block, the project continues as before. The pilot...

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With liquor out, Bihar splurges on saris

-PTI Consumption of honey, cheese rises: study Patna: Prohibition is making people of Bihar spend on good clothes and food with sale of expensive sarees rising by 1,751%, while consumption of honey by 380% and that of cheese by 200% in the first six months of the ban, according to latest studies on the measure. The studies, conducted by think tank Asian Development Research Institute (ADRI) and government-funded Development Management Institute (DMI), also...

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The wait for deep agricultural reforms -Siraj Hussain

-Livemint.com While there are several creditable achievements, it is the deeper structural reforms where expectations from a strong government have not been met Amidst expectations of a magical transformation of the Indian economy, the Narendra Modi government took over the reins in May 2014. During the election campaign, people were led to believe that the Gujarat model of agricultural development, which delivered 8% growth in agriculture during fiscal years 2003-14, would be...

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Many sugar mills may not qualify for Centre's cane price assistance -TV Jayan

-The Hindu Business Line Did not meet stockholding conditions in February, March New Delhi: Nearly 40 per cent of the sugar mills in the country may not be able to take advantage of the recently-announced financial assistance package by the Centre. This is because many in the sector, which is reeling under a supply glut, may not fulfil an important eligibility condition. Sop with a rider Acting upon a recommendation made by a Group of...

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