India is growing more wheat than it ever was. While other leading wheat producing countries like China and US are witnessing a decline in output, the country has stood as an exception with an estimated record production of 84.27 million tonnes of the staple foodgrain this year. Russia, Canada and Australia, too, are witnessing a downturn. “India is gaining internationally in the wheat production,” S S Singh, Project Director of Directorate of Wheat...
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Waiver of farm loans to be decided on case by case basis
The case of each areca grower who has taken loans from cooperative societies or banks will be studied individually to determine whether the farmer is genuinely unable to repay the loan. This decision was taken at a meeting of areca growers with Deputy Commissioner Subodh Yadav and officials of various departments on Thursday. Mr. Yadav made the suggestion after listening to a delegation of farmers, most of them members of the Karnataka...
More »Concerned over graft, govt to focus on governance in 12th Plan
Taking on board citizens' concerns over corruption and quality of governance, the 12th Five Year Plan proposes re-designing of government programmes even as it targets 9-9.5% economic growth with focus on health and education. Aiming at 100% adult literacy, the next Plan (2012-17) proposes to increase expenditure on health from 1.3% to at least 2-2.5% of GDP. The full Planning Commission meeting today presided over by Prime Minister Manmohan Singh was given...
More »Bribes: a small but radical idea by P Sainath
To ask a people burdened with systemic bribery to accept bribe-giving as legal is to demand they accept corruption and the existing structures of power and inequity it flows from. Let's get this right. The Chief Economic Adviser to the Ministry of Finance, Government of India, wants a certain class of bribes legalised? And says so in a paper titled “Why, for a Class of Bribes, the Act of Giving a...
More »Food inflation up at 8.74%; fruits, meat costlier
India's food inflation nudged up after three successive weeks of decline to 8.74 per cent for the week ended April 9 compared to 8.28 per cent recorded in the previous week as fruits, meat and poultry products became costlier, official data showed on Thursday. Limited data on the wholesale price index released by the commerce and industry ministry also showed a rise in the index for primary articles, from 11.4 per...
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