-The Hindu The government’s claim that it will dampen inflation, bring higher prices for farmers and lower prices for customers may be somewhat exaggerated With the intention of signalling a strong commitment to reforms, the UPA government has announced a hike in the price of diesel and liberalisation of foreign direct investment (FDI) in multi-brand retail, justifying the measures as growth-enhancing and inflation-dampening. They have been termed bold by India’s corporate sector...
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Cabinet meets today; may cut sugar subsidy, hike dearness allowance for Government employees -Amit Chaturvedi
-NDTV The Union Cabinet is expected to meet this evening to consider a 7 per cent hike in the Dearness Allowance (DA) of Central government employees. Once approved, it will benefit over 52 lakh government employees. The Cabinet will also take a decision on computerisation of the Public Distribution System (PDS). A Food Ministry proposal seeks to digitise ration cards and fully computerise the PDS network especially at the back-end. Also, a bailout package...
More »UN food agency highlights progress in Swaziland agricultural initiative
-The United Nations Swaziland’s farmers are beginning to reap the benefits of a UN-backed five-year programme aimed at reversing the country’s declining agricultural productivity, the United Nations food agency declared today. In a media statement, the UN Food and Agriculture Organization (FAO) announced that its Swaziland Agricultural Development Project, or SADP, had already begun to have an impact on the lives of the country’s smallholder farmers through a number of training initiatives...
More »Strengthening SME sector will open up a new strategy of broad-based, fast growth -Devaki Jain & Deepshikha Batheja
-The Economic Times "Are we knowledge-proof?" asked the late Prof Raj Krishna. As memorable as his other coinage, the Hindu rate of growth, this question is relevant, given our current growth strategy. The SME sector is a vibrant part of the economy, accounting for 40% of manufacturing and generating jobson a scale second only to agriculture. The figures are similarly significant for handicrafts and handlooms. According to the Tenth Plan, GDP from handicrafts...
More »Notifying Farming as an Essential Service: An Authoritarian Manoeuvre-SAHRDC
-Economic and Political Weekly The Government of India is considering a proposal to notify farming as an essential service. This is ostensibly to bring drought relief to farmers suffering from a weak monsoon - a laudable goal indeed. However, if farming is deemed an "essential service", farmers and farm workers could lose many of their political and civic rights because the government can then invoke the Essential Services Maintenance Act to...
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