“Imperative to prepare a dependable list for West Bengal”  KOLKATA: The inclusion of names in West Bengal’s Below Poverty Line (BPL) list should not be determined by political considerations but by economic benchmark, Chief Minister Buddhadeb Bhattacharjee said here on Wednesday. “The list must be prepared on the basis of one’s economic status and poverty and not on the basis of political considerations,” Mr. Bhattacharjee told a workshop organised by the...

Growing numbers of elected representatives fund their poll campaigns with corporate backing. And growing numbers of people with a big business background have ventured directly into the electoral arena.  Corporate Affairs Minister Salman Khurshid’s call for restraint, however mild, on the CEO feeding frenzy at the compensation trough, seems the least objectionable statement made by a Minister in months. (Contrast this, for example, with the Agriculture Minister’s warning that people...

The procurement of rice for distribution under the proposed Right to Food scheme has renewed the fears of irreversible depletion of water table in India’s grain producing regions. It is feared that unless more scientific and progressive methods of rice cultivation are used, the otherwise welcome scheme would lead to more sowing of summer paddy leading to more injudicious water use and further soil degradation. Many rural NGOs and agricultural...

Output and Growth     According to the [inside]Economic Survey 2017-18, Volume-2[/inside] (please click here to access): • The growth rates of agriculture & allied sectors have been fluctuating at 1.5 per cent in 2012-13, 5.6 per cent in 2013-14, (-) 0.2 per cent in 2014-15, 0.7 per cent in 2015-16 and 4.9 per cent in 2016-17. • The Gross Capital Formation (GCF) in Agriculture and Allied Sectors relative to Gross Value Added (GVA) in...

  KEY TRENDS   • The report entitled Pradhan Mantri Fasal Bima Yojana: An Assessment from the Centre for Science and Environment (released on 21 July, 2017) finds that PMBY is not beneficial for farmers in vulnerable regions. For farmers in vulnerable regions such as Bundelkhand and Marathwada, factors like low indemnity levels, low threshold yields, low sum insured and default on loans make PMFBY a poor scheme to safeguard against extreme weather events. CSE's...