Global foodgrain prices are likely to remain high in the coming months despite high output estimates this season. Bad weather in Brazil and Russia and rising global demand have made the grain market sensitive. The assessment of the damage due to dry weather in Russia, Western Australia and South America and floods in India, China and Pakistan is yet to be done. This is offering grain traders speculative opportunity on futures...

Members of the National Advisory Council (NAC) Aruna Roy and Jean Dreze have accused the UPA government of being “increasingly anti-labour” in their assessement of the national rural employment guarantee programme, on its fifth anniversary. With support from several activists associated with the government’s flagship social sector scheme, they have alleged that the “contractor mafia”is increasingly dominating in the states, minimising the potential to create remunerative employment through the programme. According to...

A committee set up by the government has suggested freeing the prices of urea and inclusion of the fertiliser in the new nutrient-based subsidy scheme to discourage its excessive use, stem soil degradation and reduce government subsidy. The panel, led by former agriculture secretary T Nanda Kumar, also recommended a “comparatively higher level” of subsidy for critical nutrients like sulphur, zinc and boron to make them affordable to farmers.   The nutrient-based subsidy...

Five years after the enactment of the Right to Information Act, awareness of the law, its provisions and potential appears to be very low. Marking the completion of five years, in September 2010, of the enactment of the Right to Information Act, the Central Information Commission (CIC) held the fifth annual convention on “RTI: Challenges and Opportunities,” in New Delhi on September 13 and 14. It was largely a gathering of...

The Planning Commission has expressed inability to provide funds for implementing the National Food Security Act in the final lap of the Eleventh five year plan, arguing that doing so would mean it will have to divert funds from existing schemes. Planning Commission Deputy Chairman Montek Singh Ahluwalia, in his presentation before the National Advisory Council (NAC) here on Friday, proposed the rollout of the scheme from the beginning of...