-The Economic Times A change in the national accounts, slated to take place sometime in the next two years, will show that a resurgent farm sector is now the second biggest contributor to the economy, displacing manufacturing and financial services. The unexpected reversal is not just a statistical artefact. Instead it is an outcome of a change in the terms of trade, the price of agricultural produce compared to industrial output since...
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UN food and agriculture agency warns about negative impact of food speculation
-The United Nations The world needs to take a hard look at speculation on the financial markets and its potential impact on food price volatility, the head of the United Nations Food and Agriculture Organization (FAO) said today. “Excessive food price volatility, especially at the speed at which price swings have been occurring since 2007, has negative impacts on poor consumers and poor producers alike all over the world,” FAO’s Director-General, José...
More »Food activists slam wheat export decision-Ketki Angre
-NDTV Could two million tonnes of wheat produced in the country end up as cattle fodder overseas even as millions go hungry at home? A day after the Cabinet Committee on Economic Affairs (CCEA) approved the export of 2 million tonnes of wheat, Right to Food activists have written to the Prime Minister slamming the move. They want a reversal of the decision. The letter, signed by a number of leading activists including...
More »HRD panel cleared all textbooks, say experts
-The Economic Times The prospect of political cartoons going out of textbooks is a dangerous one. Lessons will become drab again. Worried scholars say the move could signal a devastating reversal in what was nothing short of a revolution in textbook-writing in India. Besides, an HRD ministry panel had vetted and cleared the text books, they say. A beleaguered NCERT, which designed and published the books, has set up a committee to...
More »Mind The Crease-Lola Nayar
Pawar’s Report Card The Negatives Per capita availability of cereals and pulses has fallen in last eight years No improvement in irrigation, 60% of agriculture still dependent on monsoons Farmers growing cereals, sugarcane, oilseeds and pulses assured higher MSP, but majority don't benefit Production up, but not productivity. Farmer suicides are on the rise. Poor market advisory on exports being misused to buy cheaply from farmers and make profits overseas Pawar...
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