Illegality in India today touches almost every economic activity. It is both systemic and systematic. The Indian ruling class faced its severest crisis of credibility in 2010. Its past caught up with it and skeletons and scams were spilling out of its closets. The scams have a symbiotic relationship with the black economy. The number of scams is growing and so is the size of the black economy, which has reached...

Higher food prices pose a major threat to the global economy and social stability but policymakers must not over-regulate commodity markets, a senior World Bank official said on Thursday. Ngozi Okonjo-Iweala, managing director at the Washington-based bank, said rising food prices are squeezing the poor and contributing to social instability. "Higher food prices and volatility are one of the biggest threats to the global economic recovery and social stability. You saw...

The recent spike in vegetable prices, due partly to erratic supplies, could well have been averted if the novel concept of “relay cropping” in vegetable farming had become popular. This system allows growing three to seven crops of different vegetables on the same patch of land over a period to ensure a steady and regular flow of vegetables to markets. This innovative approach, significantly, has been conceived and successfully put into practice...

That Indian firms, some of them backed by the government, have gone scouting for land abroad to farm crops for consumption back home is well-known. Reversing the trend, now many Gulf countries are getting a toehold in India that will allow them to farm here and export the food back. A Bahraini firm, the Nader & Ebrahim Group (NEG), recently tied up with Pune-based Sanghar Group to do exactly that....

Women continue to reap less benefits from employment in agriculture than men in rural areas, and the recent global financial and food crises have slowed down progress towards gender equality in farming-related labour, three United Nations agencies said in a joint report unveiled today. According to the report, compiled by the UN Food and Agriculture Organization (FAO), the International Fund for Agricultural Development (IFAD) and the International Labour Organization (ILO), women...