-The Times of India A Reserve Bank of India paper says that the UPA flagship MGNREGA or the Mahatma Gandhi National Rural Employment Guarantee Act, under which a household is assured of 100 days of wages per year in return for working on various rural development, has not actually contributed to the rise in food inflation as generally perceived. Incidently, the Reserve Bank was among the first to point that the...
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Govt to bring in ordinance for auction of coal blocks to private firms
-The Hindustan Times The government plans to put up coal mines for bidding by private steel, power and cement companies and introduce changes in the law to enable commercial mining in the future, signalling its intent to fully open the sector to private players. The new auction-based system will replace the earlier controversial policy of allotting coal blocks based on recommendations of a panel of bureaucrats, which the Supreme Court had struck...
More »Now, Centre to cap subsidy on cooking gas -Jyoti Mukul & Sudheer Pal Singh
-The Business Standard So far, there was a cap on the number of subsidised cylinders alone, not on the subsidy Taking the next step in liquefied petroleum gas (LPG) pricing reforms, the National Democratic Alliance (NDA) government has decided to cap the subsidy on domestic gas cylinders. So far, there was a cap on the number of subsidised cylinders alone, not on the subsidy. Union Petroleum Minister Dharmendra Pradhan told Business Standard a...
More »Mala Fide Decision on Drug prices
-Economic and Political Weekly The decision to reduce the powers of the drug pricing body goes against the interest of public health. The decision of the Government of India to withdraw the power of the National Pharmaceutical Pricing Authority (NPPA) to set price controls on drugs that are not on the National List of Essential Medicines (NLEM) raises questions on the Narendra Modi regime's commitment to people's welfare. One must ask if...
More »GM Crops and Global Agri Trade -Sukhpal Singh
-Economic and Political Weekly The cultivation of geneticallymodified crops, especially food crops, is not just a domestic issue; it has an impact on global food trade as well. Sukhpal Singh (sukhpal@iimahd.ernet.in) is at the Centre for Management in Agriculture, IIM, Ahmedabad. There is no doubt that the application of biotechnology can lead to yield improvement, cost cutting and lower crop losses, besides providing more processable raw materials and designer products. That is why...
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