Under fire for rising prices, Prime Minister Manmohan Singh has asked state governments to tackle shortages of essential supplies while promising all possible assistance from the Centre. “It will never be possible to insulate ourselves from the pulls and pressures of international demand and supply. The State Governments must forge appropriate strategies to bolster food production and tackle shortages of essential supplies”, he said. Addressing the first annual conference of...

MOLASUR, INDIA — It was Pongal a couple weeks ago, the Tamil harvest festival, and villages around here were alive with temple music and firecrackers. Tractors were scrubbed down, shiny, and cows were decked out in flowers. Pongal is a joyful holiday, a time of thanksgiving. For three days, the countryside was in a festive mood. The monsoons have been abundant this year. Village tanks are overflowing. Fields are green with...

With a large number of people living on subsistence level of income, the government has to safeguard their interest by ensuring availability of food grains at an affordable price. Success of any policy or programme to this effect depends on growth in agriculture production and procurement of wheat and rice, the main staple foodgrains. Though the performance of agriculture has not been uniform throughout and its growth rate has varied...

India's annual food inflation based on wholesale prices rose to 17.4% for the week ended January 16 from 16.81% the week before, according to official statistics released on Thursday. Essential items continued to rule firm, with potatoes dearer by 57.56% over the past 52 weeks, pulses up 46.87%, and vegetables costlier by 10.5%. But prices of onions declined 1.69%. The limited data on the wholesale index released by the commerce...

At a time when other countries are cutting down ethanol admixing with vehicular fuel due to tightening supplies of alcohol, India, oddly enough, is doing the reverse. The Union government has forced the states to raise ethanol doping of petrol from 5 per cent to 10 per cent immediately and has set the target of hiking it further to 20 per cent by 2017, least realising that the sugar industry,...