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PDS: govt losing crores in paddy processing

-The Hindu Business Line Rice millers are making a killing due to policy gaps and old rates, says report The government is losing thousands of crores while rice mill owners are raking in the moolah, said the Comptroller and Auditor General (CAG) in its report tabled in Parliament on Tuesday. The report said mill owners are cashing in on lacunae in the government’s policy on the sale of paddy and rice by-products —...

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Keeping a finger on the pulse economy -Yoginder K Alagh

-The Tribune To ensure stable prices of pulses and attractive returns for producers, policies of domestic prices and tariffs should blend. Import duties must be calibrated with demand. As the Indian economy grows at a rate of 7 per cent plus, assuming low growth as an aberration, the food basket will diversify. Within grains, the movement will be to pulses as shown by the  expert group on pulse production. The yield and...

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Swachh Bharat: plan to produce power, compost from solid waste -Mehboob Jeelani

-The Hindu On the first anniversary of Swachh Bharat Mission, the Urban Development Ministry on Thursday announced some crucial policy changes. On the first anniversary of Swachh Bharat Mission, the Urban Development Ministry on Thursday announced some crucial policy changes since it is planning to generate electricity and compost from municipal solid waste. “Ministry of Chemicals and Fertilizers will soon bring a proposal before Cabinet to provide Market Development Assistance on sale of...

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Looming crisis

-The Hindu The crisis-ridden textile sector, being labour-intensive, should have been an ideal candidate for a push as part of the Prime Minister’s pet ‘Make in India’ initiative, but as the issues it is mired in remain unresolved, and with losses mounting, the situation is grim. Nearly half of India’s power looms are at a standstill: the spinning industry in the northern and southern regions has pressed in shutdowns of as...

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Free power, the bane of farming in Punjab -Arvinder Walia & Jasmine Sharma

-The Hindu Business Line No crop diversification efforts will work so long as free electricity offsets the costs of pumping out groundwater Subsidies have for long been a necessary evil, a vote-bank silver bullet. But its relevance stands challenged in today’s increasingly market-oriented economic order. The recent US declaration of giving differential treatment to developing countries, with regard to farm subsidies, brings up the long standing issue of slashing subsidies that have...

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