-The Business Standard   This year’s paddy procurement season has started with foodgrain stocks being more than double the buffer stock norms. An increase in grain stocks will put a strain on the already-scarce warehousing space, with consequences for safe storage and usability. Thus, excess holding of grains ought to be avoided. Maintaining a stockpile of nearly 55 million tonnes, with average economic cost of wheat and rice being Rs 18,000 per...

• Without a clear definition of ‘public purpose’, the land acquisition bill is meaningless • The bill’s definition of ‘fertile land’ can potentially harm the agriculture sector • Government’s role in defining land will create economic and political problems in future As Parliament debates this month it will, hopefully, move beyond issues of corruption in high places to important economic legislation. Two such pieces of legislation are the land acquisition bill and...

A host of steel-manufacturing units are keen to set up plants in Karnataka, and all want captive mines. SOUTH KOREA'S Posco is not the only steel-maker keen to do business in Karnataka. The State's estimated 9,000 million tonnes of good-quality iron ore reserves, which is the second largest in India, the State government's assurances on a smooth land acquisition process, the availability of water and the promise of speedy regulatory clearances...

Exceeding 235 million tonnes, it has been the highest since Independence India's food production crossed 235 million tonnes during 2010-11 as per the latest estimates and this is the highest since Independence, S. Ayyappan, Director-General of the Indian Council of Agricultural Research, said on Saturday. The previous highest production, at nearly 233 million tonnes, was achieved in 2008-09, while the output declined to around 218 million tonnes during 2009-10, he said interacting...

Money makes news. When it is found, promiscuously. And when it is lost, presumptively. And when it is found to lie hidden. Also when it stands brazenly, as in election candidatures. Does hunger, to satisfy which money, income, wages — the power to purchase food — are needed, make news? Does the crisis in our agriculture make news? When Amartya Sen speaks of hunger and malnutrition, when MS Swaminathan does so...