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The US probe of rice trade won’t yield much -Tejinder Narang

-The Financial Express Global rice trade doesn't operate on market principles. Rather, it is guided by politics, vested interests and weather Rice is a political commodity. Governments all over the world maintain regimentation on rice production and trade through price controls and subsidisation, tariffs, phytosanitary and environmental safety standards-sometimes in a whimsical manner. On July 6, the United States International Trade Commission (USITC) notified investigations (to be completed by April 2015) on...

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Corporate karza maafi at Rs. 36.5 trillion -P Sainath

-PSainath.org The revenues foregone in 2013-14 could fund the rural jobs scheme for three decades or the PDS for four and a half years.  It was business as usual in 2013-14. Business with a capital B. This year's budget document says we gave away another Rs. 5.32 lakh crores to the corporate needy and the under-nourished rich in that year. Well, it says Rs. 5.72 lakh crores but I'm...

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Bitter sweet -Alok Sinha

-The Indian Express Healing the sugar sector and curbing inflation need brave reform. The first month of great expectations is over. But no magic is possible in such a short period of time. The treasury is scraping the bottom of the barrel, and reviving growth calls for herculean efforts to put the economy back on the rails. Meanwhile, fears of an impending failure of the monsoon have spiked inflation, which is at...

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15 days and PMO website yet to post RTI details -Shyamlal Yadav

-The Indian Express   New Delhi: In the Manmohan Singh PMO, the CPIO was K Salil Kumar and the First Appellate Authority was Krishna Kumar.   Moments after Narendra Modi took oath on May 26, the Prime Minister's Office instantly launched a new version of its website http://www.pmindia.gov.in and http://www.pmindia.nic.in but 15 days later it's yet to disclose key details required under the Right to Information Act.   These include: names of officers designated as Central Public Information...

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Farmers look for green shoots-Ajay Vir Jakhar

-The Business Standard     They were unimpressed by the UPA's misguided socialism, but they worry about the new regime's free-market orientation too Consider this paradox. The Congress Party-led United Progressive Alliance (UPA) was decimated in the elections in spite of several years of good monsoon and rising agricultural production. Consider another paradox. This was the regime that implemented policies that were presumed to be pro-farmer: the Mahatma Gandhi National Rural Employment Guarantee Act, the...

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