Crops are grown outside our towns. Anger over food prices grows in our towns. Put these two facts together, and you can figure out exactly how divorced, sometimes, the justifiable concern about food inflation is from the cold realities of agriculture. It is not as if we can really blame ourselves for blindness, either; the unreformed, statist nature of price discovery in agriculture insulates us, as in no other sector,...

Politicians, from the ruling party and opposition alike, are grappling with the problem of how to effectively communicate with their constituencies on the issue of high food inflation. One had thought it would be easy for the opposition to mount a campaign on rising prices against the ruling coalition, but it appears that inflation and its impact on the political economy is far more complex today than it was 10...

The National Advisory Council, led by UPA chairperson Sonia Gandhi, has come up with the muchawaited contours of the National Food Security Act. The NFSA, it is hoped, will become India’s flagship programme for tackling hunger and malnutrition, equal in scale and vision to the ambitious and highly successful Fome Zero Programme launched by President Lula Da Silva in Brazil. The UPA government is also hoping that the NFSA will...

With the inflation rate of pulses still in double digits for more than a year, the government today said the supply of pulses would remain a critical problem for another two to three years. The government is expecting an increase of two million tonnes (mt) in production of pulses in the current crop year (July 2010-June 2011). “So far as pulses are concerned, it is going to be a critical problem not...

Indian Railways has come to Food Corporation of India’s (FCI) rescue in flood-hit Punjab and Haryana, where part of its foodgrain stocks have been rotting due to heavy rains. The national transporter has given a discount of 35% to the public sector food procurer to carry grains from northern India to other parts of the country. The railways also expects to boost its own revenue by transporting a large volume of...