The union finance ministry’s decision to partially subside capital investment in healthcare and education by extending the “viability gap funding” facility to these sectors is welcome as they are vital areas of social infrastructure, which are no less important than roads and bridges. But every sector has its own complexity and the nuancing that the health ministry has sought for such subsidy to healthcare infrastructure needs serious attention. The ministry’s...

State governments will have to abide by stricter rules to receive money from the centre for the rural employment scheme in the next financial year 2011-12. The centrally sponsored Mahatma Gandhi National Rural Employment Guarantee Scheme ( MGNREGA )) has been one of the biggest drivers of rural consumption in the country. Stricter measures of fund release might lead to lower Transfer to states at a time when high interest rates are...

India's government has an ambitious plan for eradicating hunger in the country. Unfortunately, it may be going about it the wrong way. The National Food Security Bill that New Delhi intends to implement this year will make food a legal right for every citizen, including the millions of poor and underprivileged. No doubt the motive is right: India has one-fourth of the world's hungry poor, according to United Nations statistics. But merely...

Asit Tripathy, Chairman of Agricultural and Processed Food Products Export Development Authority (APEDA) has pointed out that Indian states need to promote contract farming to ensure that farmers get remunerative prices and assured market for their produce apart from getting freed from the clutches of middlemen. India's national agricultural policy also envisages private participation through contract farming and land leasing arrangements to allow accelerated technology Transfer, capital inflow and assured market...

Bihar chief minister Nitish Kumar recently alleged that Monsanto, the Union environment ministry’s genetic engineering approval committee (GEAC) and the Indian Council of Agricultural Research (ICAR) had colluded to start trials of genetically modified maize in Bihar before clearance from the environment ministry and the state government. The charge is significant: Nitish says ICAR’s experimental farms in Bihar did not maintain the stipulated “isolation distance” from normal farmland, meant to...