-The Hindustan Times Chandigarh: The government of Punjab has decided to offer a subsidy of 4,000 per acre to motivate farmers to shift from the water-guzzling coarse rice variety (paddy) to the traditional cash crop cotton. In the crop diversification plan, the government has decided to initially support 1,500 acres in Abohar, Fazilka, Malout, Maur and Muktsar. CM Parkash Singh Badal cleared the plan on Monday. The subsidy is for purchasing hybrid...
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UPA-2’s costly mistake: failure to curb rising prices-Asit Ranjan Mishra
-Live Mint A key reason for the surge in anti-incumbency faced by UPA has been its failure to curb inflationary pressures New Delhi: A key reason for the surge in anti-incumbency faced by the Congress-led United Progressive Alliance (UPA) has been its failure to curb inflationary pressures for most of the regime's second tenure. While inflation based on wholesale prices averaged 6.1% during UPA-1 (2004-2009), it was a percentage point higher at 7.1%...
More »A grain of sense-Aditya Puri
-The Indian Express How Punjab is making the best use of the flawed public distribution system. Inclusive economic growth is a political, economic and social necessity. The question is: what is the right strategy to ensure this? Most of our programmes to help the underprivileged have suffered from leakages and inefficiencies, so that the benefits have not accrued to the targeted groups but the strain on our fiscal deficit remains. Subsidies are...
More »Revamping agriculture and PDS-Ashok Gulati
-Live Mint To alleviate poverty and extend true food security to its people India must bring efficiency to public expenditures In the Indian economy, where almost half of the average household's expenditures goes toward food and half the labour force is engaged in agriculture, one cannot simply wish away the centrality of agriculture just because its contribution to gross domestic product (GDP) hovers around a comparatively low 14%. India's agriculture is responsible...
More »Wheat Procurement in 2014-15 may slip, says food secretary
-The Business Standard However, PDS won't be hampered as govt hold 48 mn tonnes in its warehouses The government on Tuesday said its Wheat Procurement for the 2014-15 marketing year (ending March 2015) is likely to be below the last year's level of 25 million tonnes (mt) due to poor quality of the crop. However, for a government which has been battling lack of storage space during the ongoing Wheat Procurement season,...
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