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‘Rural wages scheme, Food Security Bill can stoke inflation’

-The Indian Express   Reserve Bank of India Governor D Subbarao on Tuesday cautioned that policies — the significant increase in rural wages triggered by the MGNREGS and inflationary implications of the proposed Food Security Bill — aimed at inclusive growth can stoke inflationary pressures at any rate in the short-term. “The need for making growth inclusive is incontestable, but it is important to recognise that policies aimed at inclusion can stoke inflationary...

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Farmers may get Rs 2,250 per quintal of common basmati: Experts

-PTI   Farmers may get up to Rs 2,250 per quintal of their common basmati paddy this season, according to experts. The forecast was made by scientists of the Agricultural Economics Department of GB Pant University of Agriculture and Technology, Pantnagar, a university release said. The scientists made the forecast while working on a sub-project, 'Establishing and Networking of Market Intelligence Centres in India', of the National Agriculture Innovation Project. One of the objectives of...

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Banks should lead the war on poverty by MS Swaminathan

At BANCON (annual bankers' conference) 2011 in Chennai, financial institutions explored avenues for greater participation in agriculture and rural development. There are a few areas in need of additional attention and investment. Green Revolution technologies are scale-neutral but not resource-neutral. Inputs are needed for output; therefore market-purchased inputs become important in providing soil and plant healthcare for higher yields. Social scientists point out that small and marginal farmers will be excluded...

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Moving beyond MSP

-The Business Standard   The new grain pricing policy for 2012-13 rabi marketing season seems a half-hearted attempt to make farmers grow more oilseeds and pulses, which are in short supply. This is apparent from a hefty hike of Rs 650 to Rs 700 a quintal, or around 35 per cent, in the minimum support prices (MSPs) of oilseeds and pulses and a relatively modest increase of Rs 115, or 10 per...

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Justice Markandey Katju on the role of media in India

-The Hindu Justice Markandey Katju, Chairman, Press Council of India, argues that the media has a very important role to play in helping the country make the transition from an old feudal society to a modern industrial one quickly, and without much pain. The Role the Media should be playing in India by Justice Markandey Katju, (former Judge, Supreme Court of India), Chairman, Press Council of India To understand the role which...

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