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Andhra Pradesh plans 67,000-cr Agribusiness zone

-The Economic Times After emerging as one of the pioneers in the investment regions of petroleum products and information technology, Andhra Pradesh is now weighing the benefits of promoting an Agribusiness Investment Region (ABIR) involving major agri clusters in three of its geopolitical regions.  The proposed ABIR project in Andhra Pradesh, to be taken up in a public private partnership (PPP) model, involves setting up an integrated infrastructure for rural business and...

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Difficult to digest by Jyotika Sood

After much debate, the Cabinet cleared the food security bill. Will it really ensure food for every Indian? THE Lokpal Bill debate may have ended in a fiasco but 2011 ended on a positive note for the Congress-led UPA government on another count. Its pet project, the National Food Security Bill (NFSB), was cleared by the Union Cabinet and introduced in Parliament. The bill seeks to address widespread hunger in the...

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Dr Abhijit Sen, Member-Planning Commission of India, interviewed by Ajay Vir Jakhar and Paranjoy Guha Thakurta

Dr Abhijit Sen is Member, Planning Commission of India. He is a Ph.D. in Economics from the University of Cambridge (currently on leave as Professor of Economics at the Jawaharlal Nehru University) and has also taught at the Universities of Sussex, Oxford and Cambridge. Besides serving various think tanks in the states and at the centre, Dr Sen has been a consultant with UNDP, ILO, FAO and various other multilateral...

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How to slash power subsidies by Ajay Shankar

The irrationality and waste in energy subsidies in India has been a perennial theme in analysis of the Indian economy and in reform prescriptions. Progress has, however, turned out to be elusive in the face of ground realities and feasible politics.  The power ministry, after struggling for over a decade through repeated exhortations, had the satisfaction of getting a resolution in a Chief Ministers Conference in 2001 that free supply of...

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Time to end West's farm subsidy as a condition for funding European bailouts: Swaminathan A Aiyar

-The Economic Times   The IMF wants to increase its lending capacity by $1 trillion, to rescue distressed countries in the eurozone plus those hit by aftershocks from the eurozone.  But US is struggling with fiscal problems of its own, Japan now has the highest debt/GDP ratio in the world (over 200%), and Europe is moving into an austerity phase. Clearly, a significant chunk of the new trillion will have to come from...

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