Pawar announces mega plans for mechanisation in 12th Plan Faced with farm labour shortage following the introduction of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), Agriculture Minister Sharad Pawar on Wednesday announced mega plans for mechanisation in the 12th Five-Year Plan. “With the successful implementation of the MGNREGS and other anti-poverty programmes, there is now pressure on the availability of farm labour,” Mr. Pawar told senior journalists at the Economic...
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EGoM on food deferred due to differences among ruling allies
-PTI A meeting of the Empowered Group of Ministers (EGoM) on food, headed by Finance Minister Pranab Mukherjee and scheduled for today, has been postponed due to differences among ruling allies, especially the NCP, over the sugar export policy. The meeting was deferred as the NCP leader and Agriculture Minister, Sharad Pawar, wanted a clear policy on sugar export for 2011-12 to be decided this month, but Food Minister KV Thomas was...
More »Food inflation in double digits after six weeks
-The Business Standard After lingering tantalisingly close to 10 per cent for about a month-and-a-half, food inflation climbed to double digits for the week ended October 8, signalling that Reserve Bank of India (RBI) may continue with its tight monetary stance in its policy review later this month despite the economy showing signs of a slowdown in growth. As protein-based items turned dearer, wholesale price-based annual food inflation rose by a whopping...
More »Subsidy Bill will damage govt’s finances: Sharad Pawar
-The Economic Times The increase in India's food subsidy bill after the introduction of the Food Security Act, which will guarantee subsidised grains to a large section of population, could damage the country's financial health, agriculture minister Sharad Pawar said here on Wednesday. The situation is worrying even now, the minister said at the Economic Editors Conference here. "The issue price of grains for ration shops has not been changed for last...
More »Climate Solutions Need Strong Decision-Making by Kanya D'Almeida
The year 2010 endured 950 natural disasters, 90 percent of which were weather-related and cost the global community well over 130 billion dollars. From wildfires in Brazil to record rainfall in the United States to the severe drought and famine in the Horn of Africa, it has become clear to many that quick and radical decisions need to be made about the world's future. One of the biggest advocates of this position...
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