The rise in global wheat prices by almost 50% in less than two months as commodity markets factor in a sharp drop in exportable surplus has not touched India, among world’s biggest producers and consumers of wheat. What’s more surprising, domestic futures prices too are unlikely to show any appreciable rise, going by the trend in India’s commodity markets. Barring minor blips, August and September wheat futures at NCDEX, largest exchange for...
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Fault Lines in the 2010 Seeds Bill by S Bala Ravi
The 2010 Seeds Bill that has been introduced in Parliament does address some of the major concerns in the aborted 2004 version, but strangely a number of important correctives – on regulation, consistency and punishment – that had been incorporated in the 2008 version (which lapsed in 2009) have now been modified or dropped altogether. What forces are pushing the government to act against the interests of India’s farmers? The third...
More »Women wage battle to win over poverty, oppression by Rahul Banerjee
Suffering from extreme poverty and male oppression, the women of Darkali village in Madhya Pradesh, India, are now able to feed their families through employment under the MGNREGS. The wages obtained under the Scheme help them augment the family resource base. Jashmabai is working under the punishing sun on an earthen dam in her village of Darkali, in Madhya Pradesh's Alirajpur district, being built under the government-funded Mahatma Gandhi National Rural...
More »Efforts needed to raise farm output to ensure food security:PM
Concerned over large population still suffering from poverty and hunger, Prime Minister Manmohan Singh on Sunday said more efforts were required to achieve higher productivity and growth in the farm sector that would ensure food security to the people of this country. "I am happy that the growth rate of our agriculture has increased substantially in the last few years. But we are still far from achieving our goal. We...
More »Insufferable
Governments in India — Centre and states — spend around one per cent of the country's GDP on health. Only five countries — Burundi, Myanmar, Pakistan , Sudan and Cambodia — have a lower figure than this. But private spending on the crucial sector is 4.2 per cent of GDP, among the top 20 countries in the world. Within this private spend, employers pay for about 9 per cent and...
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