Last month, Prime Minister Manmohan Singh exhorted the bureaucracy to be fearless, saying, "Civil servants should fight the tendency of not taking decisions because of the fear that things might go wrong and they might be penalized for that." The PM was just the latest to express concern about increasing bureaucratic stasis-foreign visitors have remarked upon it and even TOI has written about it earlier. But his words have clearly failed...
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Release of foodgrain could inflate subsidy bill by Rs 20-25K crore-Rajeev Deshpande
With its granaries brimming over, the government faces a crippling dilemma: The tab for releasing foodgrain to make way for new arrivals adds up to Rs 20,000-25,000 crore, an unviable addition to the subsidy bill. The government's bind was succinctly outlined by finance minister Pranab Mukherjee when he told a meeting called by Prime Minister Manmohan Singh on Wednesday that vacating food silos will mean a hefty cost at a time...
More »A good monsoon is an occasion to invest in a major overhaul of farm policy
-The Economic Times India will have a normal monsoon this year, says the Met office. This is good news, even though the forecast does not rule out some slack during the second half of the season. What matters finally is the distribution of rainfall across space and time rather than the aggregate percentages. However, a good monsoon is only one side of the story to have a strong farm sector. Reforms are...
More »Wheat aplenty but gunny scarce in Madhya Pradesh
-The Hindu Chauhan sees injustice in FCI failure to lift quota Madhya Pradesh has had a bumper wheat harvest this rabi season, so much so the State does not have enough gunny sacks to pack the procured produce. Chief Minister Shivraj Singh Chauhan on Wednesday called on Union Minister of State for Consumer Affairs, Food & Public Distribution K.V. Thomas in New Delhi and complained of the shortage. Mr. Thomas assured him that...
More »Global food prices on the rise again: World Bank
-Reuters Latest World Bank food price index showed the cost of food rose 8% between December and March Global food prices are rising again, pushed higher by costlier oil, strong demand from Asia and bad weather in parts of Europe, South America and the United States, the World Bank said on Wed nesday. The latest World Bank food price index showed the cost of food rose 8% between December and March. In the...
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