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Realising energy sector targets -Kirit S Parikh

-The Hindu A reasonable aim of 1,500 MT of coal production by 2022 and a calibrated renewable energy push should enable reaching ambitious targets. Prime Minister Narendra Modi’s style is to set ambitious targets with impossible-looking deadlines. Perhaps he is inspired by a Gujarati poet who said, “Nishaan chuk maaf, nahi neechu nishaan” (missing the target can be forgiven, setting a low target cannot). This challenges his colleagues and staff to accomplish...

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Why restrictions on stockholding and export of pulses must go -Harish Damodaran

-The Indian Express Govt must learn from mistakes in onions and potatoes, agriculture should be spared of bearing the burden of its inflation targeting. Last week, Union Commerce Minister Nirmala Sitharaman announced a 5% subsidy on onion exports in the form of transferable duty credit scrips that can be used to pay customs, excise or service tax. On top of it, the Maharashtra government extended a Rs 100 per quintal grant to...

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Centre takes up Brazil offer for 'captive farming' of pulses for India -Dipak K Dash

-The Times of India NEW DELHI: Brazil has offered to do "captive farming" of pulses to meet the growing demand in India. Responding to the offer, the consumer affairs ministry is now preparing a detailed proposal. Consumer affairs minister Ram Vilas Paswan said that the offer came when he met ministers from Brazil during his visit to the the country. "They are ready to grow pulses for us. We need to provide...

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Paradox of plenty -Neelkanth Mishra

-The Indian Express Farm incomes may not revive despite good monsoon. There are new challenges for policymakers. India’s per capita calorie demand has been falling for at least the last 30 years. Most people do a double-take when they hear that. One can’t debate the fact much: National Sample Surveys every five to seven years have documented this. What we can debate are the reasons behind this: In their 2009 paper Angus...

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Retail inflation might not fall much in kharif season -Sanjeeb Mukherjee & Indivjal Dhasmana

-Business Standard Recent trends indicate any such moderation would not be across the board or without riders: Experts New Delhi: Contrary to some perceptions, consumer price index (CPI)-based inflation might not ease sharply after kharif crops arrive in the markets. On the other hand, wholesale price index (WPI)-based inflation could see a rise, due to an increase in prices of commodities and metals. CPI inflation rose to 6.07 per cent in July, highest since...

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