-The Financial Express The Indian success story increasingly looks like a tale of naivety and optimistic complacency. The Indian success story increasingly looks like a tale of naivety and optimistic complacency, with the fantasy of ‘India Shining' obfuscating the reality of widespread deprivation. Despite rapid economic growth during the past decade, millions continue to live in poverty and hunger. The Indian government aims to address abject hunger and malnutrition with the National Food...

-PTI Government has provided Rs 70,585 crore as fertiliser subsidy in this year's budget A ministerial panel today recommended increase in fixed cost paid to urea by Rs 350 per tone but there will be no increase in the rate of crop nutrient for farmers as government will subsidise the additional cost, pegged at Rs 900 crore. Fertiliser Ministry had moved the proposal for modified New Pricing Scheme (NPS) III, according to which...

-The Hindu Business Line Mother Nature possesses bountiful natural resources. After all, it is not for nothing that our planet is today supporting a seven billion human population, besides a large number of other living beings with varying survival requirements. Till around the end of the 19th century, agriculture, in the form it was practised, provided more or less enough food to sustain the human population of that time. This is...

-The Business Standard Budget underestimates food, fertiliser subsidies If the projections in the 2013-14 Budget are to be believed, subsidies on food and fertiliser which, along with petroleum subsidy, account for nearly 95 per cent of total subsidies are unlikely to rise much in the next financial year. This prognosis, reflected in an increase of just Rs 5,000 crore in food subsidy allocation and no change in the fertiliser subsidy, is odd;...

-The Business Standard The government runs out of money for fertiliser subsidy The government, according to recent newspaper reports, finds itself unable to clear the mounting subsidy dues of the fertiliser industry — the budgetary allocation for this purpose has already exhausted. This is as much a reflection on the shocking flaws in the Budget-making exercise for this financial year as on India’s misguided fertiliser subsidy policy. The arrears payable to...