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Unpaid subsidy means FCI to be starved of funds by December -Sandip Das

-The Financial Express Come January, Food Corporation of India (FCI), under a severe financial crunch, may be forced to trim its procurement operations. Come January, Food Corporation of India (FCI), under a severe financial crunch, may be forced to trim its procurement operations. Unless the finance ministry releases a good part of the unpaid subsidy of Rs 58,000 crore or let Life Insurance Corporation raise Rs 40,000 crore to support FCI soon,...

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Odisha innovators bag Nasa award for finding solution to tyre bursts -Priya Ranjan Sahu

-Hindustan Times What happens when the tyre of a speeding car bursts or blows up? The obvious answer is an accident along with casualties as the vehicle goes out of control with the driver hardly getting a chance to react. There have been technologies for limiting the impacts of punctures, but there hasn’t been a solution to decrease the chances of a tyre bursting due to overheating. However, a latest innovation has...

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They don’t go to the field -Harish Damodaran

-The Indian Express There is a worrying dearth of Indian economists working on agriculture today. In his classic Money: Whence It Came, Where It Went, John Kenneth Galbraith observed how the economics profession had a well-defined order of precedence. At the top were the economic theorists and specialists in banking and finance. At the bottom of the hierarchy were agricultural economists. George F. Warren from Cornell University was even worse — a...

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Breaking the Bonds of rural poverty -Jose Graziano Da Silva

-The Hindu Far from creating dependency, evidence shows that social protection increases both on-farm and non-farm activities, strengthening livelihoods and lifting incomes Today, on World Food Day, the world has a lot to celebrate. As a global community, we’ve made real progress in fighting global hunger and poverty in recent decades. A majority of the countries monitored by the United Nation’s Food and Agriculture Organisation — 72 out of the 129 —...

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States recommend new cesses to fund Swachh Bharat initiatives

-Hindustan Times For a Clean India, be prepared for higher fuel and phone bills. A group of chief ministers has recommended a cess on petroleum products, telecom services and waste generated by mineral-based industries as well as Swachh Bharat Bonds to fund the ambitious campaign. In a report submitted to Prime Minister Narendra Modi on Wednesday, the National Institution for Transforming India (NITI) Aayog sub-group headed by Andhra Pradesh chief minister N Chandrababu...

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