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Reforming markets, lessons from Bihar -Sukhpal Singh

-The Tribune There has been a big political rush to reform Agricultural Produce Market Committees (APMC) or agricultural markets. It is now known that most of the problems of the farm sector start and end with agricultural markets in some way or the other. The Model APMC Act 2003 provided a road map for the states to amend their APMC Acts in order to provide choice of channels to farmer for sale...

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Better, cheaper targeting

-Business Standard Sensible suggestions from Shanta Kumar panel on food security The Shanta Kumar committee on food sector reforms has made a slew of recommendations - many of which, even if controversial, make sense. Apart from suggesting downsizing of the unwieldy, inefficient and corruption-ridden Food Corporation of India (FCI) by outsourcing many of its tasks to the states and other public- and private-sector bodies, the panel has laid out certain amendments to...

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The twist in the growth story -C Rangarajan

-The Hindu Reforms must be part of a continuing agenda. The basic principle guiding reforms must be to create a competitive environment with a stress on efficiency. In many ways the coming decade will be crucial for India as growth is the answer to many of its socio-economic problems The data on national income released recently give a new twist to India's growth story. The most significant change is with respect to...

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Slowdown in rural wages not a temporary phenomenon -Ishan Bakshi

-Business Standard While the revised estimates of the gross domestic product (GDP) suggest the Indian economy turned the corner in 2013-14, concerns remain over the durability of this nascent recovery. Particularly worrying is the recent slowdown in rural wage growth, which signals a weakening of rural demand. Growth in rural wages, which had averaged 18 per cent in the previous few years, fell to less than five per cent in September...

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Veggie, fruit prices soar by up to 100% -Subodh Varma

-The Times of India NEW DELHI: Prices of most food items have been inching up relentlessly through the past year despite several so-called reforms in management of food supply chains. While staples like wheat flour and rice have become marginally costlier, prices of pulses like masoor and arhar have soared by up to 30%. Barring a few exceptions, prices of vegetables and fruits have shot up by 20 to 50%, and...

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