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Business proving disastrous in policy on food & agriculture

-The Economic Times Ashok Gulati, chairman of the Commission for Agricultural Costs and Prices, warns that India will have a record food grain stock of 75 million tonnes by June when wheat procurement for the year would be over. A third of it would be stored in the open, and vulnerable to damage from rain, as covered storage capacity is only 50 million tonnes. If these stocks are not run down...

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India's vanishing aquifers

-The Business Standard Without policy correctives, a water crisis is inevitable In a future India, urban neighbourhoods might well be racked by internecine battles over water. The main reason to fear this dystopia is the astonishing rates at which groundwater is being sucked up from below the earth in this country. Groundwater finds a home in natural aquifers, layers of rock, clay and sand far underground. For thousands of years, Indians...

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How normal monsoon could impact agriculture, inflation, income & storage-Mishita Mehra

Last week, the Indian Meteorological Department (IMD) released its first annual monsoon forecast for June-September. Monsoons are likely to be normal with the probability of deficient or excessive monsoons being relatively low, according to IMD. If this prediction comes true, what does this really mean for India's economy? Impact on agricultural output: The first and most important impact is, of course, on agricultural production, especially in the kharif or summer season....

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Rural India in Abject poverty

-Jagran Post In a startling disclosure, the government survey on income and expenditure has revealed that half of the rural population of the country is living in abject poverty. According to the survey, about 60 percent of India's rural population lives on less than Rs 35 a day. A similar situation prevails in underdeveloped countries like Africa. This indicates that our policies are confined to certain areas only. Do our policy...

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Despite PM's call, scared babus still sitting on files-Siddharth

Last month, Prime Minister Manmohan Singh exhorted the bureaucracy to be fearless, saying, "Civil servants should fight the tendency of not taking decisions because of the fear that things might go wrong and they might be penalized for that." The PM was just the latest to express concern about increasing bureaucratic stasis-foreign visitors have remarked upon it and even TOI has written about it earlier. But his words have clearly failed...

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