The Centre's food subsidy bill, incurred mainly on account of reimbursemnet of economic costs to theFood Corporation of India for grain procurement, holding and transportation, has shot up by a whopping Rs 34,738 crore compared to the budgetary allocation for 2011-12. This is mainly due to government buys of a record foodgrain crop in the 2010-11 agricultural year (july-june).The original subsidy for the year was estimated at Rs 47,239.8 crore....
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'RTI Act hasn't improved governance' by Vivek Sabnis
According to a research undertaken by a PhD student, the RTI Act has not helped improve governance. Saharsh Yadav (27), who is working on a thesis on Implementation and Impact of Right to Information Act on governance, said the outcome of the Act was not as expected. "We are yet to taste the fruits of this act," said Yadav, who has completed his master's degree on public administration from Vikram University,...
More »Bicycles getting crushed under India's rushing prosperity by Neeraj Kaushal
It is the 21st century version of the classic rabbit and tortoise story. Last weekend, a group of cyclists decided to race against Jet-BlueAirlines in Los Angeles when one of its busiest highways was shut down for construction and renovation. To help people get across the town fast, JetBlue started a special flight service. A group of cyclists decided to challenge the airlines to a bikeversus-airlines race. It turned out...
More »'A-maizing' progress by Surinder Sud
Breakthroughs in the production and productivity of wheat and rice in the sixties and of cotton recently have been much appreciated, but similar advances in maize have gone largely unnoticed and unsung. Maize output has soared in the past 10 years from a mere 12 million tonnes in 2000-01 to over 21 million tonnes in 2010-11. This increase can largely be attributed to a surge in crop productivity rather than...
More »This Decade for Agriculture by Ashok Gulati
July is a month when we need to remind ourselves how reforms have changed India since 1991, from vulnerability to resilience, whether to external shocks (say, oil) or internal ones (droughts). In 2009, we witnessed the worst drought since 1972, yet the agricultural growth rate stayed positive (0.4%), nor did we resort to any major cereal imports. And in 2010-11, we are likely to have a record harvest of 241 million...
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