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High inflation needn't be cost of Growth by Subodh Varma

Is price rise going to be a permanent fixture because of India's high Growth rate? This appears to be the argument put forward by the government's top economic advisers in the recently issued Economic Survey. It argues that historical experience shows that consumer prices increase faster in countries going through a fast Growth phase compared to those with slower Growth rates. But analysing inflation and Growth data collected by the International...

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Unrealistic Solutions To Growing Problems by M Rajendran

With food inflation hovering in the double digit bracket for most part of 2010-11 and the aam aadmi up in arms, all hopes were pinned on the Union Budget 2011-12 for giving a new fillip to the farm sector. But the budget has disappointed most, in spite of finance minister Pranab Mukherjee allocating Rs 14,744 crore for agriculture. “An increase of only 2.6 per cent over last year makes the...

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'TN agri schemes could help meet Growth target'

The targeted four per cent Growth in the agriculture sector could be achieved if agricultural schemes such as System of Rice Intensification and Dryland Farming, initiated in Tamil Nadu, are replicated across India, the Planning Commission has said. "India, producing around 210-220 million tonnes of foodgrains annually, has to increase the productivity from two tonnes per hectare against the world average of four tonnes,'' the Member of the Planning Commission, Dr...

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Agricultural output to rise by 3.8% in FY12: CMIE

India's agriculture output is expected to rise by 3.8% in 2011-12 on assumption of favourable weather conditions, Centre for Monitoring Indian Economy (CMIE) said in its monthly review here. "We project that agricultural output will grow for the second consecutive year in 2011-12. It is expected to rise by 3.8%, over an estimated 6.5% Growth in 2010-11," CMIE said. Our projection is based on the assumption that weather conditions will be favourable...

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Hunger, by design by Vandana Shiva

Why is every fourth Indian hungry? Why is every third woman in India anaemic and malnourished? Why is every second child underweight and stunted? Why has the hunger and malnutrition crisis deepened even as India has nine per cent Growth? Why is “Shining India” a “Starving India”? In my view, hunger is a structural part of the design of the industrialised, globalised food system. Hunger is an intrinsic part of the...

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