-The Economic Times The story of rotting foodgrains and hunger rocked the Lok Sabha yet again on Wednesday morning, prompting the government to say it was ready for consultations with political parties to find a long-term solution to the problem of storage facilities. Finance minister Pranab Mukherjee gave this assurance when an angry Opposition sought greater availability of jute sacks for wheat before the monsoon. BJP and its ally JD(U) have been...

With its granaries brimming over, the government faces a crippling dilemma: The tab for releasing foodgrain to make way for new arrivals adds up to Rs 20,000-25,000 crore, an unviable addition to the subsidy bill. The government's bind was succinctly outlined by finance minister Pranab Mukherjee when he told a meeting called by Prime Minister Manmohan Singh on Wednesday that vacating food silos will mean a hefty cost at a time...

-The Economic Times Prime minister Manmohan Singh is meeting a group of ministers including Finance Minister Pranab Mukherjee, Agriculture Minister Sharad Pawar, Food Minister KV Thomas and Commerce Minister Anand Sharma to arrive at a consensus on trade policies especially in sugar and cotton exports. Recently, Pawar had criticized the export policies of cotton and sugar. The sugar export is a contentious issue as even after having a surplus production and international...

-The Economic Times India will have a normal monsoon this year, says the Met office. This is good news, even though the forecast does not rule out some slack during the second half of the season. What matters finally is the distribution of rainfall across space and time rather than the aggregate percentages. However, a good monsoon is only one side of the story to have a strong farm sector. Reforms are...

Clinging on to their cultural moorings are monks from Assam's Majuli islands who were forced to relocate in the 1970s With land swallowed by the Brahmaputra, many monasteries of Assam's Majuli island were relocated to the mainland in the Seventies. The lives of the monks have never been the same. Indrakanta Mahanta, the head of the Vaishnava sattra (monastery), Bogi Ai, can't remember when somebody last asked him about Majuli. And there...