Union finance minister Pranab Mukherjee has been able to convey the impression that the agricultural sector was a key area of policy focus for his budget, but just about. He has chosen some good policies and programmes to boost agricultural development, but has done so in a half-hearted manner. Whether the agricultural sector actually benefits from his attention remains to be seen given that he has been niggardly in the...

Although rising food prices remain a critical concern, finance minister Pranab Mukherjee is counting on better supply management, improved output of pulses and rice, better access to rural credit and strengthening of existing agricultural schemes to bolster India’s farm output. The rural economy employs about 60% of India’s work force, contributes about 17% of gross domestic product, and is expected to post 5.4% growth over last year, according to advanced estimates...

A growing number of endangered olive ridley sea turtles have been getting killed in Eastern India’s coastal state Orissa by mechanized vessels defying a fishing ban on one of the world’s largest turtle sanctuaries, Gahirmatha. While the government said "no more than 800" were killed since November last year, environmentalists counter that the casualty count of these tiny turtles is actually 5,000. The problem illustrates the situation that confronts Orissa and other...

Poor allocation of funds to key social sectors shows the government’s lacklustre approach to inclusive growth. We are reaching the end of a remarkable fiscal year,” said the finance minister as he rose to present the Union Budget 2011-12. Agreeing with the government that the year gone by presented us with several opportunities and challenges to address critical concerns pertaining to the social sector, the overall sense is that this Budget,...

A shift from the traditional rice-wheat cycle and linking farmers directly to the market can end the current stagnation in farm sector, according to the Economic Survey 2010-11 tabled in the Parliament on Friday.The survey stated that capital investment were required not only for farm productivity but also to create adequate infrastructure for transport, storage and distribution of agricultural produce. The stagnation is evident from the fact that whereas overall GDP...