-Reuters Corn exports from India could hit a record 3.5 million tonnes in the 2011/12 marketing year to September, spurred by higher global prices and a bumper harvest, the India representative of a major US grains export association said on Thursday. India is Asia's second-largest grower of corn after China but it is not a significant global exporter of the grain. It mainly sells to Malaysia, Indonesia and Vietnam, which seek small...
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For cheaper drug options, send SMS-Rupali Mukherjee
-The Times of India Some good news for consumers might be at hand. You would soon be able to find the most affordable alternative to the medicine prescribed by your doctor through an SMS-based service. The service, expected to be launched by the government in August, will be available throughout the country. Here is how it works: Once the person sends a text message of the prescribed brand of drug to a...
More »An unproductive idea-Milind Murugkar
-The Hindustan Times Recently, at a rally of gram panchayat chiefs, agriculture minister Sharad Pawar told the audience, “Improving the well-being of farmers is difficult unless agriculture sheds some of its population. At least one member from the farmer’s family should seek livelihood opportunities outside agriculture.” He has often made this appeal to farmers in Maharashtra, pointing out how rich industrial countries have a small proportion of their labour force in...
More »Government sweetens land acquisition deal-Subodh Ghildiyal
-The Times of India Persons displaced by land acquisition would be paid an extra 12% of the cost of land every year, in what is seen as the government's bid to sweeten the deal after insisting on state's role in buying land for private parties. The proposed changes to the Land Acquisition Bill add 12% of market value of the land acquired to the package of compensation and solatium to the evacuee....
More »Unfair Tax: Mandi tax on grain procurement offers some states a double privilege
-The Economic Times State levies on grain purchase by the Food Corporation of India (FCI) will reportedly push up the Centre's food subsidy bill by Rs 10,000 crore this fiscal year. This is absurd and untenable. High taxes and commissions - 14.5% in Punjab and 10.5% in Haryana - on the minimum support price (MSP) of grain jack up the costs of procurement, drive private trade out of these markets, and set...
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