-The Indian Express There is a worrying dearth of Indian economists working on agriculture today. In his classic Money: Whence It Came, Where It Went, John Kenneth Galbraith observed how the economics profession had a well-defined order of precedence. At the top were the economic theorists and specialists in banking and finance. At the bottom of the hierarchy were agricultural economists. George F. Warren from Cornell University was even worse — a...
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Incentivize pulses production to check spiralling prices
The low rate of inflation of 3.88 percent in Consumer Food Price Index during September, 2015 actually hides the high prices at which various pulses (dal) are available in kirana / retail shops across India. In terms of Consumer Price Index (combined), monthly rate of inflation in pulses and products during September 2015 (over September last year) stood at 29.76 percent as compared to the overall monthly retail inflation of...
More »Textiles Ministry alleges large-scale import of cheap jute bags -Devesh K Pandey
-The Hindu Cheap imported bags are sold as Indian to government agencies for a higher procurement price. The Union Textiles Ministry has unearthed a major racket in large-scale import of cheap jute bags from Nepal and Bangladesh by Indian manufacturers, many of whom were supplying these to government agencies after putting their own seals. The Jute Packaging Materials (Compulsory Use in Packing Commodities) Act, 1987, mandates that jute bags supplied to government agencies...
More »And now, a PDS jute bag scam -Devesh K Pandey
-The Hindu Government sources told The Hindu that at PDS packaging centres, new unbranded bags were being replaced with used ones. Jute bags meant for packaging of Foodgrains under the Public Distribution System (PDS) allegedly provided their manufacturers — in league with some officials of procuring State government agencies, quality insurance inspectors and middlemen — an opportunity to siphon off thousands of crores in government revenue. So serious is the scam that the...
More »Paddy area shrinking in delta districts, says study -L. Renganathan
-The Hindu Study by expert group attributes it to climate change impact TIRUVARUR (Tamil Nadu): A recent study on the climate change and its impact in the Cauvery delta districts of Tamil Nadu reveals a disturbing trend of shrinking paddy coverage, loss of kuruvai as a season, samba crop at the mercy of monsoon and importantly agricultural concerns turning more intense than ever before. Shocked at the findings, agriculture activists have called...
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