-PTI MUMBAI: The cost of production of paddy in Andhra Pradesh was higher than the minimum support price (MSP) of Rs 1,080 per quintal in the last year mainly because of higher expenditure on wages, says the latest study undertaken by the RBI's research wing. Andhra Pradesh is one of the leading producing states in the country. The study, conducted by the Development Research Group (DRG) of RBI, also said the Commission for...
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Developing a land acquisition policy for India-Dilip Mookherjee and Maitreesh Ghatak
-Live Mint The current policy on compensating landowners could adversely affect character of India’s future growth The Parliament is currently considering a land acquisition, rehabilitation and resettlement Bill (LARR Bill), as are various state legislatures. These are likely to affect the pace and character of future growth in India in a significant way. Setting up new industries, service establishments and real estate development will inevitably require land to be acquired from rural areas....
More »Food security, Plan Z -Jean Drèze
-The Hindustan Times Under the cover of endorsing a proposal for the National Food Security Bill framed by an independent group of development economists, the government is all set to empty the Bill of any substance. Provisions relating to the Public Distribution System (PDS) will be reduced to a pointless reshuffling of existing foodgrain allocations to state governments, that too in favour of the richer states. And other entitlements, relating for...
More »Falling between two stools-AK Bhattacharya
-The Business Standard Beni Prasad Verma is wrong. Food inflation hurts more than 70% of Indian farmers Poor Beni Prasad Verma! In Lucknow on Monday, Mr Verma, who is the Union minister for steel, spoke not on steel, but on inflation — and kicked up a row that his government, already under stress, could have easily done without. Mr Verma argued that higher prices for agricultural goods meant more gains for India’s...
More »We should not forget that prices which consumers pay are not what farmers get
-The Times of India Union steel minister Beni Prasad Verma's claim, that he was happy with inflation as higher food prices have helped farmers, borders on the ludicrous. A few weeks back P Chidambaram also attracted flak when he said that consumers have to pay more for sugar, rice and wheat as procurement prices are raised to benefit farmers. Linkages between high food prices and farmers' welfare is dubious because there...
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