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For new ideas, a clean break with the past -Shamika Ravi

-The Hindu   Instead of reinventing or restructuring the Planning Commission, we need to replace it with a think tank that supports high-quality independent research The Planning Commission is neither a constitutional nor a statutory body, but over the years it has acquired tremendous power of distant planning which is unsuitable to a country as diverse and complex as India. Let us neither reinvent nor restructure such a body. Let us, instead, make...

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Include millets in PDS for food and nutritional security, demand scientists -Kumar Sambhav S

-Down to Earth Area under cultivation of millets is declining in spite of national Food Security Mission While the Union government plans to restructure the Food Corporation of India (FCI), agriculture scientists and nutrition experts are recommending that effective millet management should be included in the Public Distribution System (PDS) of the country. The step is important to achieve the food and nutrition security for the small and marginal tribal farming communities,...

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Diesel & wages to push up food inflation -Mayank Mishra

-The Business Standard A delayed monsoon has forced farmers in Western UP to use alternative sources of irrigation, incurring 25-30% extra costs Saharanpur/Muzaffarnagar (UP): If the latest inflation reading at eight per cent, largely fuelled by near double-digit food inflation, has left us worried, get ready to pay even more for food in coming months. Though the monsoon deficit has reduced to only 17 per cent, the rise in input cost...

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NREGA spiked rural wages only 10%, rest is from MSPs: Rajan

-PTI Reserve Bank Governor Raghuram Rajan has dismissed the notion that the rural employment guarantee programme is behind the massive spurt in wages in rural areas. "On the NREGA (National Rural Employment Guarantee Act), there is clearly a lot of sense that this has increased rural wages tremendously. I would argue that clean, trustworthy studies say that the effect was may be 10 per cent," Rajan told an audience here last week. It...

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Scattered approach to agriculture -Sukhpal Singh and Suman Sahai

-The Hindu Business Line Leaving aside a focus on warehousing and farm credit, the Budget has sprayed ₹100 crore across a clutter of schemes The new government's budget is marked by a fractured approach to the farm sector, where perhaps the most significant spend has been on irrigation, after the large allocation to farm credit. Credit push A sum of ₹1,000 crore sounds good if instead of large irrigation projects and canal networks, the...

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