-The Financial Express Controlling food inflation seems to have pre-occupied the attention of the Modi government, at least for now, and it has succeeded in minimising the damage despite a poor monsoon. The Modi government had to hit the ground running as far as food and agriculture is concerned. With delayed and deficient rains in June and the spectre of El Nino, drought was looming large. Food inflation was stubbornly stuck at...
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A big bang reform that may be spot on -TT Ram Mohan
-The Hindu The reassuring message in the Pradhan Mantri Jan Dhan Yojana is that in pursuing its economic objectives, the government wants to accord an important role to the public sector even while relying on market mechanisms The goal is hard to achieve. It is costly and unviable. It will create huge stresses in the banking system. The Narendra Modi government's Pradhan Mantri Jan Dhan Yojana (JDY), an ambitious scheme for financial...
More »India's estimated milk demand to be about 155 mn tonnes by 2016-17: NDDB chairman
-The Business Standard Says need to increase the annual incremental milk production from 4 million tonnes per year to 7.8 million tonnes India's estimated demand for milk is likely to be about 155 million tonnes by 2016-17 and around 200 million tonnes in 2021-22, said chairman of National Dairy Development Board (NDDB) at the two-day seminar-cum-workshop on ‘Convergence of Productivity Enhancement Activities to Meet Future Demand of Milk and Milk Products'. "The country's...
More »For new ideas, a clean break with the past -Shamika Ravi
-The Hindu Instead of reinventing or restructuring the Planning Commission, we need to replace it with a think tank that supports high-quality independent research The Planning Commission is neither a constitutional nor a statutory body, but over the years it has acquired tremendous power of distant planning which is unsuitable to a country as diverse and complex as India. Let us neither reinvent nor restructure such a body. Let us, instead, make...
More »Agriculture not out of the woods yet -Dharmakirti Joshi, Neha Duggar Saraf & Sakshi Gupta
-The Financial Express Though food inflation could be lower than last year's 11.1%, fruit and vegetable prices remain the pressure points. Concerns over monsoon have diminished a lot in recent weeks because of four positive developments. First, rainfall deficiency has reduced sharply from a century-high of 45% for June to 17% as on August 18. Second, sowing has caught up significantly from 40% below normal in mid-July to just 2.3% below normal...
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