-The Deccan Herald The government will not reduce subsidy on food items, fertilisers and development schemes in the current financial year starting April from what was paid in 2013-14, Minister of State for Finance Nirmala Sitharaman said. "The government does not plan to cut subsidies given in schemes like Mahatma Gandhi National Rural Employment Guarantee Act and National Food Security Act," the minister said in reply to a question in the Rajya...

-The Business Standard The Budget missed the chance to articulate its intentions to the farming community; the prime minister's Independence Day speech provides another invaluable opportunity Young Indians starting their careers in an environment devoid of hope and opportunity and surviving on dole will be inclined to populist politics. But the farming community expects much more substance from the government, and the Budget was a good example of how populism trumped...

-The Business Standard A delayed monsoon and abundant cotton in the international market could spell trouble in the state's suicide zone Yavatmal (Maharashtra): As the skies stayed clear till the second week of June, Ramesh Gulabhrao Digde's mood darkened. His two acres were ploughed at great expense, the seeds were purchased, and a sack of fertilisers lay in a corner of his thatch-roofed hut in Parsodi village in western Maharashtra's Yavatmal...

-The Business Standard Do not roll back crucial food procurement reform Food Minister Ram Vilas Paswan, in an interview to this newspaper, has said that his ministry has not come to any "firm conclusion" on his directive to states about procurement. The Centre had told states to stop offering a bonus on top of the Centre's minimum support prices (MSPs) for wheat and rice, and to limit their procurement to match the...

-Down to Earth IFAD president Nwanze says he was misquoted by media and only supported India's food security law Kanayo F Nwanze, president of the International Fund for Agricultural Development (IFAD), a specialised agency of the UN which Finances agricultural development projects in developing nations, has reversed his earlier stand supporting India for opposing the WTO Trade Facilitation Agreement (TFA). India had vetoed TFA in Geneva over its food security concerns and need...