In the run up to the next global jamboree on climate change, in the tourism-cum-summitry town of Cancun, Mexico, the government has come out with an Indian view of global warming, based on indigenous research. The upshot of the effort is a much more worrisome portrayal of the challenge of climate change. The Indian studies forecast that mean temperature will rise in India by around 2ºC by 2030, rather than...

Stability in markets will be determined by size of next year's crop The Food and Agriculture Organisation (FAO) has warned about a further increase in global food prices in 2011 if there is no significant increase in production of major food crops. In the latest edition of its “Food Outlook” report, the agency observed that the rise in global prices, all of which was accruing in the second half of 2010, owing...

A high-level working group of the Government of India has approved the idea of outbound foreign direct investment by Indians in the production of pulses and Oilseeds aimed at meeting domestic demand. This is not a new idea. Since arable land in India is fast shrinking and efforts to lift the output of pulses and Oilseeds, besides some other essential commodities, are not bearing fruit, investing in land elsewhere for...

The new rabi grain pricing policy seems to have been influenced more by macro-concerns about food inflation management rather than any considerations relating to food production planning. The marginal increase in minimum support prices (MSPs) of most rabi crops, barring pulses, is understandable given the government’s focus on inflation reduction and the fact that this marginal increase comes on top of earlier hikes of a decent magnitude. Moreover, there are...

Raises support price by Rs 380/qtl; marginal rise for wheat. Pulses saw the highest rise of Rs 340- 380 per quintal in minimum support price (MSP), the government announcing these for the current rabi season. The decision is in line with government efforts to increase their sowing, to meet the increasing demand for the crop. The MSPs of masur and chana were increased by Rs 380 per qtl and Rs 340 per...