The rise in global wheat prices by almost 50% in less than two months as commodity markets factor in a sharp drop in exportable surplus has not touched India, among world’s biggest producers and consumers of wheat. What’s more surprising, domestic futures prices too are unlikely to show any appreciable rise, going by the trend in India’s commodity markets. Barring minor blips, August and September wheat futures at NCDEX, largest exchange for...

With Europe and Gulf countries, putting in place stringent safety norms for ensuring that pesticide residue in agricultural crops remain below prescribed limits, basmati (aromatic rice) exporters from India have urged the Union agriculture ministry to ensure that farmers use less pesticide. Europe and Gulf nations are main export destinations for Indian basmati rice. In a letter to agriculture ministry, Vijay Setia, president, All India Rice Exporters’ Association has said that some...

The 2010 Seeds Bill that has been introduced in Parliament does address some of the major concerns in the aborted 2004 version, but strangely a number of important correctives – on regulation, consistency and punishment – that had been incorporated in the 2008 version (which lapsed in 2009) have now been modified or dropped altogether. What forces are pushing the government to act against the interests of India’s farmers? The third...

The disastrous effect of the state throwing up its hands and retreating is most starkly visible in agriculture . Remember: agriculture involves 70 per cent of the country's population , generates about 56 per cent of national income, 64 per cent of total expenditure and about one third of total savings. So, any neglect translates into gigantic costs. And the central crisis in agriculture — production barely matching a depressed...

Independent India's greatest failing must be its inability to feed its people. With 42 per cent of all children malnourished, 56 per cent of women anaemic, and the country ranked 65th out of 84 countries on the Global Hunger Index, the report card of the state on nutrition must have an F. Most disturbing is the fact that things have got worse over time. In the first half of the...