-The Hindu Business Line A Budget for agriculture A Budget is, generally speaking, a poor instrument for correcting food inflation. But this one conveys a clear intent to target the economic roots of the malaise by addressing supply side concerns. It also takes a long-term view of issues affecting the sector, transcending short-term production concerns. On the demand side, the simple economic response of reducing consumption can hardly apply, without compromising on nutrition....

-The Hindu   The national discourse is so superficial that it only talks of foreign direct investment, investment allowance, tax sops and the like which are just about a twentieth to a sixth of the national economy. It did not even notice paragraph 102 in the Union budget speech which is about half of India's economy. Commentators see facts hidden in budgets as the "devil's in the detail." This presumes that only...

-The Times of India   The NDA government committed to continue UPA's flagship Food Security Act to ensure that the poor get wheat and rice at subsidized rates. The budgetary allocation has been increased to Rs 1.15 lakh crore in comparison to Rs 92,000 crore during the last financial year. Finance minister Arun Jaitley said, "Even if due to inadequate rainfall there is a marginal decline in agriculture production, stocks in the...

-The Hindu The government on Thursday said it proposed to restructure the Food Corporation of India that procured, stored and distributed foodgrain to identified beneficiaries under the Targeted Public Distribution System. Presenting his budget proposals for the food sector, Union Finance Minister Arun Jaitley said the government was committed to reducing transportation and distribution losses and enhance the efficacy of the Public Distribution System. Food Security Act Although Mr. Jaitley did not mention the...

-The Hindustan Times A Government report on Tuesday said India's green cover has increased by over 5,800 sq km (or 0.18%) between 2010 and 2012 taking into account plantations and commercial species having no ecological value. In fact, just 31 sq km increase has been recorded in dense forests. The moderately dense forests - where most developmental projects have been allowed - has witnessed a decline in cover of around 2,000 sq...