The countrywide share of corporate retail in food distribution tripled in the past four years when retail food prices showed the greatest increase. THE dramatic increase in food inflation over the past two years has been associated with several surprises. One major surprise has been how the top economic policymakers in the country have responded to it. The initial response was one of apparent disbelief, followed very quickly by the...

The present situation is different from that of 2007-2008, although recent climatic events may significantly reduce agricultural production next season. Must history always repeat itself? We are indeed on the verge of what could turn out to be another major food crisis. The FAO Food Price Index at the end of 2010 returned to its highest level. Drought in Russia and the export restrictions adopted by the government, together with...

The need for ensuring food security for the poor is indisputable. However, the means to do so have to be practical and fiscally sustainable. That is what the prime minister’s economic advisory council Chairman C Rangarajan and a group headed by him, which looked into the proposed food security law, seem to think. Most of the points raised by this panel about the recommendations of the Sonia Gandhi-led National Advisory...

For Union minister C P Joshi the failure to handle the UPA goverment's flagship programme of Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) resulted in his transition from rural development to surface transport. Joshi had not acted on a letter from Congress president Sonia Gandhi to raise MGNREGA wages and also stood in contempt of an Andhra Pradesh High Court order. Joshi was earlier seen as a trusted man...

Winter in the Indian capital is a season of mists, minus the mellow fruitfulness. The air becomes charged with toxic emissions and particles that cannot disperse due to a meteorological phenomenon called "atmospheric inversion". According to B.P. Yadav, scientist with the meteorological department, atmospheric inversion is caused by a warming of the upper layers of the atmosphere, trapping colder air on the surface and, with it, vehicular and industrial emissions. "The immediate...