While the government's recent clarification on the policy on foreign investment in wholesale trade is welcome, it needs to be complemented with a policy to empower our farmers to interact with modern, organised retail productively. Organised retail can catalyse a second green revolution in India when farmers become empowered to negotiate prices for their produce with retailers. The industry ministry's recent guidelines for wholesale trade, known as cash and carry,...

A meticulously researched book by A. Vaidyanathan, Agricultural Growth in India: Role of Technology, Incentives and Institutions, is an illuminating scholarly work. Thinking about it one realizes the dismal and declining state of Indian agriculture and the poor governance at both Central and state government levels that has brought it to this sorry pass. A valuable compendium of data and analysis of Indian agriculture since Independence, it is a valuable...

“Wherever there is a lamp, there is darkness below it,” said Bava Bhalekar, a fisherman and local leader in this village roughly a hundred miles south of Mumbai. “The tragedy is that while our village has this project, we ourselves don’t have electricity.” “This project” is the power plant that Enron built. A decade after Enron withdrew from the project, the Indian government and two Indian companies are promising to...

As the de-controlled fertilizer regime comes into play from April 1, the Centre has asked the States to take steps to ensure that stocks and the Maximum Retail Price (MRP) of fertilizers are clearly displayed for the benefit of farmers. The States have also been asked to keep a strict vigil on “smuggling of fertilizers across the international border and deal sternly with diversion of fertilizers to non-agricultural uses.” This, and...

YELLING dementedly, seven lawmakers mobbed the chairman of the Indian parliament’s upper house on March 8th and tore at the document, containing the women’s reservation bill, he was reading from. Yet the bill passed the next day, with the two-thirds majority needed to change India’s constitution. With broad political support, including from the Congress party that leads India’s coalition government and the main opposition Bharatiya Janata Party (BJP), the bill...