As the government aims to cut subsidies to less than two per cent of the gross domestic product (GDP) in 2012-13 and 1.75 per cent over the next three years, several analysts believe the subsidy amount on the proposed food security law may not allow it to come into effect or be contained. Planning Commission member Abhijit Sen tells Dilasha Seth various subsidy figures on food security quoted by the...

-Economic and Political Weekly Yojana Bhavan never seems to know how to count India’s poor That the United Progressive Alliance (UPA) government can on occasion after occasion mishandle a situation and also show insensitivity has been in evidence once again in its handling of the poverty figures estimated from the 66th (2009-10) round of the National Sample Survey (NSS). Although the Planning Commission’s estimates, as measured by the Tendulkar methodology, declined sharply...

The ministry of agriculture has advised all state government agencies to streamline the seed certification process to facilitate farmers in choosing high yielding seeds at a reasonable cost. The agencies have been advised to ask private companies to select four to five of their high yielding varieties while seeking certification, and bring both older and new verities. According to officials, private seed certification agencies usually come up with 20-25 varieties, annually, for...

-The Hindu   The Centre's move to introduce an experimental universal health package in at least one district per State under the National Rural Health Mission, with access to free generic drugs, is a welcome measure. But the larger mission to provide free essential medicines to all citizens need not await the results of such pilot studies. It should be rolled out for poor and non-poor alike quickly. There is no time...

-The Business Standard   The National Bank for Agriculture and Rural Development (Nabard) has recorded a 40 per cent growth in agriculture credit and rural development in Karnataka during 2011-12. It has extended farm credit of Rs 6,053 crore during the year. While the production credit refinance extended to cooperative banks and regional rural banks (RRBs) was Rs 3,775 crore, its finance to state government under the Rural Infrastructure Development Fund (RIDF)...