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Food Security bill: Rs 1.15 lakh cr more needed to raise farm output

-PTI An additional investment of Rs 1,15,660 crore would be required to revitalise the agriculture sector and boost production to meet the foodgrains demand under the proposed Food law, Parliament was informed today.  "To effectively implement the proposed Food Security Act, it is estimated that there should be an additional production of about 70-75 million tonnes of foodgrains," Minister of State for Agriculture Harish Rawat said in a written reply to Lok...

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A welcome rollback

-The Business Standard Cotton export ban was an example of poor policy The government’s sudden move to ban cotton exports – rolled back in less than a week following anger from cotton farmers and adverse political fallout — reflects very poorly on its policy management. The commerce ministry clamped down on exports without clear logic; prior consultations with other ministries concerned were also cursory or non-existent. Unsurprisingly, most players in the cotton...

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Petrol consumption may decelerate in FY12 by Amrit Raj

The growth rate of petrol consumption is set to fall below 5% in the current fiscal, the first time in five years. Meanwhile, the consumption of diesel continues to grow at 7%, adding to the losses of the oil marketing companies on account of subsidies. In India, diesel is subsidized while petrol is not, and the price difference has led to more buyers opting for vehicles driven by the cheaper fuel. According...

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Gujarat 2002 and Modi’s Misdeeds by Anand Teltumbde

Ten years after the killings in Gujarat, Narendra Modi has neither expressed regret nor has he been held accountable for those mass deaths. Where do we go from here? Anand Teltumbde (tanandraj@gmail.com) is a writer and civil rights activist with the Committee for the Protection of Democratic Rights, Mumbai.   Just thinking of it, a shiver runs down my spine. I had my own brush with how the Hindutva gangs carried out the...

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CM’s farm-before-factory fence

-The Telegraph Chief minister Mamata Banerjee has sought to address stirrings of disenchantment by using the run-up to the Nandigram firing anniversary to reassure her core constituency that she would not budge from her known positions on land and industry. The chief minister emphatically asserted that her government would not endorse special economic zone (SEZ) status for the Infosys project in Rajarhat. She stuck to her stand that land ceiling would not...

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