The arrival of large quantities of wheat in the grain markets of the Punjab-Haryana region is a heart-warming sight, while poor storage is a matter of national shame. It was in April-May 1968, that the country witnessed the wonderful spectacle of large arrivals of wheat grain in the mandis of Punjab like Moga and Khanna. Wheat production in the country rose to nearly 17 million tonnes that year, from the previous...

United States has placed India, Pakistan, China and nine other countries on the top 'priority watch list' with regard to violations of intellectual property rights (IPR). America's trading partners on the Priority Watch List present the most significant concerns regarding insufficient IPR protection or enforcement, or otherwise limited market access for persons relying on intellectual property protection. Twelve countries-India, Pakistan, China, Russia, Algeria, Argentina, Canada, Chile, Indonesia, Israel, Thailand and Venezuela are...

The world population is estimated to reach nine billion by 2050. The Food and Agriculture Organisation (FAO) estimates that global food production needs to increase 70 per cent by 2050 compared to average 2005-07 levels to feed the rising global population. Clearly, a large part of the consumption will happen in India and China; which would require an additional 1.6 billion hectares of land to be brought into cultivation compared to...

Even as concerns are emerging about generalised inflation gripping the economy, with reports of rising wage rates, food price inflation remains the citizen’s core concern. Macroeconomic authorities have been chasing a variety of targets – monetary, fiscal and supply-side constraints – to get a better grip on prices. It is often hoped that higher prices would translate into increased production since farmers would respond positively to price signals. What then...

An inter-ministerial group set up by the government to keep a watch on inflation and suggest measures has reiterated the need to revise the mandi law that prevents competition among buyers for farm produce. The group headed by chief economic advisor Kaushik Basu said the Agricultural Produce Marketing Committee (APMC) Act needed to be revised to encourage competition among traders and promote efficiency in retailing. Kishore Biyani , Chairman, Future Group...