-The Economic Times There has been a change of guard at the power ministry and Jyotiraditya Scindia, the new man in charge, has described his task as daunting. To simplify the many complexities, it's worth keeping in mind an adage that's particularly apt for rural India: Nothing is more expensive than no power. While on one hand there are thousands of villages that still remain to be electrified, on the other even...
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India Puts GM Food Crops Under Microscope-Ranjit Devraj
-IPS News Environmental activists are cautiously optimistic that a call by a court-appointed technical committee for a ten-year moratorium on open field trials of genetically modified (GM) crops will shelve plans to introduce bio-engineered foods in this largely agricultural country. “We are now waiting to see whether the Supreme Court will accept the recommendations of its own committee at the next hearing on Oct. 29,” said Devinder Sharma, chairman of the Forum...
More »MGNREGA badly needs overhaul-V Ramakrishnan and Mukul Asher
-The Business Standard The rural jobs scheme can boost productivity in farm and textiles sector. There is mounting evidence that Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) of 2005, under which 100 days of guaranteed wage employment a year was to be provided to target households, is failing to meet its stated objectives. The total cumulative expenditure since 2005 under the MGNREGA is officially estimated to be Rs 1,50,000 crore, and the...
More »Rising incomes fuel rural spending on proteins
-The Times of India Rural India is spending more on protein products such as milk, eggs and meat due to rising income as overall spending by Indians on protein foods doubled to Rs 2 lakh crore in 2009-10 from 2004-05, a study showed on Monday. The study by ratings agency Crisil said that two-thirds of this spending came from rural households. But while more rural Indians are getting protein in their diets,...
More »Still afraid of reform
-The Business Standard Cabinet decisions on fertiliser are not enough Of the two fertiliser-related decisions taken by the Cabinet Committee on Economic Affairs at its recent meeting, the token hike of Rs 50 per tonne in urea prices is inconsequential, and the new mechanism for subsidising fertiliser is problematic. An increase of less than one per cent in urea prices will do little to bring down the subsidy bill or to reduce...
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