-The Business Standard   Economists question veracity of the data; say too early for RBI to cut rates. Food inflation for the week ended December 10 fell to a four-year low of 1.81 per cent, after declining to 4.35 per cent last week. The decline is much sharper than what Chief Economic Advisor Kaushik Basu expected — he had predicted less than three per cent food inflation by early January. What’s more, many...

The uncertainty over the Lokpal Bill has overshadowed an equally significant National Food Security Bill, which was cleared by the Union Cabinet last week and is to be introduced in the Lok Sabha on Thursday. The Bill has been in the eye of the storm over targeted coverage of beneficiaries as against universalisation in view of the immense ramifications for the aam aadmi , struggling with rising food prices. In the second...

-The Business Standard   Faced with a supply glut, potato farmers in Gujarat headed to streets and dumped thousands of kilos of potato in Deesa, a major potato market in the state on Tuesday. Farmers demanded an intervention from the state government with a financial assistance to the farmers, who are facing a steep fall in the potato prices at Rs 1 per kg in recent weeks. "We had approached the government about...

-PTI   Research work related to genetic modification (GM) in the agriculture sector is being conducted on 72 crops/plant species, Parliament was informed. "According to information available with ICAR ( Indian Council of Agricultural Research), research related to genetic modification is currently being carried out in 72 crops/plant species," Minister of State for Agriculture Harish Rawat said in a written reply to Lok Sabha. GM research is being carried in cotton, soyabean, rice, maize,...

-The Hindu The government on Monday proposed the setting up of a parliamentary panel to go into the issue of farmer suicides in the wake of contradictory figures emerging from the States and the Union Home Ministry's National Crime Records Bureau. The suggestion came after the government was cornered in the Rajya Sabha, during the reply to the debate on the agrarian crisis, leading to two quick adjournments and a walkout by...