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Budget 2012: Introduce VAT on farm produce, says government report

-PTI With agriculture share in GDP halving to 15 per cent in the last two decades, a government report card today called for major reforms, from marketing to investment, and new technologies for accelerating farm growth.  The report on 'State of Indian Agriculture 2011-12', tabled in the Lok Sabha said, "Achieving an 8-9 per cent rate of growth in overall gross domestic produce (GDP) may not deliver much in terms of poverty...

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Petrol consumption may decelerate in FY12 by Amrit Raj

The growth rate of petrol consumption is set to fall below 5% in the current fiscal, the first time in five years. Meanwhile, the consumption of diesel continues to grow at 7%, adding to the losses of the oil marketing companies on account of subsidies. In India, diesel is subsidized while petrol is not, and the price difference has led to more buyers opting for vehicles driven by the cheaper fuel. According...

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Gujarat 2002 and Modi’s Misdeeds by Anand Teltumbde

Ten years after the killings in Gujarat, Narendra Modi has neither expressed regret nor has he been held accountable for those mass deaths. Where do we go from here? Anand Teltumbde (tanandraj@gmail.com) is a writer and civil rights activist with the Committee for the Protection of Democratic Rights, Mumbai.   Just thinking of it, a shiver runs down my spine. I had my own brush with how the Hindutva gangs carried out the...

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A simple proposal on food security

-The Hindu   Dr. Manmohan Singh Prime Minister of India March 12, 2012 Dear Prime Minister, We welcome the tabling of a National Food Security Bill in the Lok Sabha as an important step towards the elimination of hunger and undernutrition in India. However, we feel that the Bill in its current form has some serious shortcomings. We are writing to propose a simpler and more effective framework for the Public Distribution System (PDS), which requires...

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Food bill to cover just 66% of India's hungry by Subodh Varma

With 230 million people under-nourished, the country awaits some comprehensive policy intervention from the government to tackle this haunting crisis. One of the most logical measures would be to provide a fixed amount of foodgrain to all citizens. But wouldn't the costs be enormous, ask sceptics? The Center for Budget and Governance Accountability (CBGA), a Delhi-based think tank, crunched all the numbers and came up with the answer. It would take...

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