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...

The case of the Food Security Bill gets curiouser and curiouser.  What started off as a fight between universalization and targeting has ended (or so it would seem) in a complete victory in the National Advisory Council, Government of India (NAC) for targeting through universalization (if such a thing was possible), with the honourable exception of Prof Jean Dreze, who has to be commended for his ‘note of disagreement’. On...

Denmark (Rank 1) Denmark along with two other countries have been ranked as the world's least corrupt countries. With a score of 9.3, Denmark has consistently topped the Transparency International's Corruption Perceptions Index. The country has a strong tradition of openness to global trade and investment, and transparent and efficient regulations are applied evenly in most cases. Denmark also boasts an efficient, independent judiciary that protects property rights, and the level of corruption is...

After nearly two decades of debate, governments from around the world today agreed to a new United Nations treaty on managing the planet’s wealth of genetic resources – from animals to plants to fungi – more fairly and systematically. The decision came on the last day of the two-week conference of parties to the UN Convention on Biological Diversity (CBD) in Nagoya, Japan. The new pact, which is a protocol to the...

Block vehicular and railway traffic across Punjab, demand relaxation of paddy procurement norms Various factions of the Bhartiya Kisan Union (BKU) and organisations of landless labourers blocked the railway traffic at Moga and ten other locations in Punjab on Friday. They also halted the vehicular traffic on many highways, demanding relaxation in the procurement norms of paddy. The protesters claimed that adverse weather conditions had affected the quality of grains, and said...