-PTI The area under cotton in Punjab is likely to drop by 60,000 hectares this kharif season with farmers likely to switch over to guar crop, a state government official said on Saturday. The area under cotton is expected to be five lakh hectares this year as compared to 5.6 lakh hectares last year as some of the area under cultivation is likely to be used for guar crop, which has...

-The Telegraph   Farmers in Bengal left around 2.8 lakh hectares uncultivated in the just-concluded boro crop season, a silent expression of no-confidence in the state government’s paddy procurement process and a fallout of rising fertiliser prices. The area cultivated in the boro season (January to end-February) can be considered a barometer for man-made farming systems because farmers largely depend on irrigation during this phase. The bigger aman crop (June to August) still...

-The Hindu   “Heart of policy is that government believes people should pay tax somewhere” Even as Finance Minister Pranab Mukherjee faces flak from corporates at home and abroad on his budget proposal to tax Vodafone-type deals through retrospective amendment, World Bank president Robert Zoellick sought to side with the government saying India wanted the company to pay tax at some place. He also reasoned that investors must give some time to the government...

The Comptroller and Auditor-General has slammed the Narendra Modi government for financial irregularities, particularly for mismanagement of public sector undertakings, resulting in losses of over Rs. 16,000 crore. It has come down heavily on the state-owned Gujarat State Petroleum Corporation (GSPC) for extending “undue benefits” to the Chief Minister's “favoured few,” mainly Adani Energy and Essar Steel companies, which coupled with its poor management and faulty agreements on exploration of oil...

By the sheer loudness of their protests, NGOs, journalists and intellectuals have bamboozled the prime minister into withdrawing the latest Planning Commission report. The report had shown accelerated poverty reduction, a perfectly plausible outcome in view of accelerated growth since 2003-04. But the critics are not happy that India is succeeding in combating destitution. They therefore tirelessly invent myths to muddy the discourse. If we are to avoid costly policy...