There has been no let-up in the rising trend of food prices. For the week that ended on November 28, the wholesale price index for food articles rose 19.05 per cent over the corresponding period last year. A week earlier, it was at 17.47 per cent. Indeed, arresting the price rise of essential commodities has been a challenge to the government for quite some time now. Some recent developments have...
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Women grow food basket by Aparna Pallavi
Whenever I went missing as a child, my mother would come looking for me in the pata, Lalitabai Meshram said, laughing out loud. “My friends and I would play in the tangled vines for hours, making dolls of corn husk and hair, eating groundnuts, beans and waluk melon. Sometimes I would fall asleep there,” recalled Meshram, now 50-plus. Last year, after about four decades, she carved out a pata from...
More »India to import rice, says Pranab
India, a traditional rice exporter, will import the grain for the first time in 20 years to meet a projected shortfall of the crop hit by drought and floods, the government said on Wednesday. “We started rice season, that is from October 2009, with almost six million tonnes of surplus ... Still there is a projection that there is some shortfall of Kharif crops. So to make it up, we...
More »Centre raises MSP for many rabi crops
The UPA government on Thursday raised the minimum support price (MSP) for most rabi crops, encouraging the sowing exercise under way. Aiming at making up the loss in kharif production due to delayed and poor rainfall, the Cabinet Committee on Economic Affairs (CCEA), presided over by Prime Minister Manmohan Singh, raised the minimum support price of wheat to be marketed in 2010-11 by Rs. 20 to Rs.1,100 per quintal. This year, the...
More »Don’t uncork the bubbly yet! by Paranjoy Guha Thakurta
That the economies of Asia, in particular China, India and Australia, are responsible for whatever growth is currently taking place on the planet is now acknowledged and underlined by the West as well as by multilateral financial agencies like the International Monetary Fund (IMF) and the World Bank. The 3.5 per cent growth in the American economy in the July-September quarter has enthused many into believing that the worst of...
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