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The blame game around food prices by CP Chandrasekhar

The special meeting of Chief Ministers convened by the Centre indicates that food price inflation remains worrisome. But at the meet the problem was underplayed and little of substance emerged.  With food price inflation still running at close to 18 per cent, the UPA government at the Centre has been forced to recognise that it constitutes a problem that deserves as much or more attention than the objective of achieving...

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A rose by any other name… perfuming the path in UN battle for biodiversity

 The United Nations has mobilized the fashion and cosmetics industries in an “eco-fashion” battle to curb the unprecedented loss of the world’s biodiversity, from over-harvesting wild species for their skins or natural fibres to pollution caused by manufacturing processes. More than 500 prominent figures from government, international organizations and the above industries have been meeting in Geneva over the past two days at the UN Conference on Trade and Development...

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Protesting sugarcane growers descend on Bangalore

Sugarcane growers from across the State congregated in Bangalore on Tuesday and took out a protest rally seeking a fair and remunerative price for their produce. Around 800 protesters, under the aegis of the Karnataka State Sugarcane Growers’ Association, gathered in front of R.C. College on Palace Road and shouted slogans against Chief Minister B.S. Yeddyurappa and Minister for Agricultural Marketing and Sugar Shivaraj Thangadagi. Addressing the farmers who had come from...

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Whose inflation is it anyway? by Ruhi Kandhari

Government sat on grain stocks while food prices shot up   In july 2008, when inflation rose to a 10-year high of 11 per cent and industry was hit by a range of factors, including economic recession, the Union government responded immediately. There were day-on-day monetary interventions. Since July 2009, inflation, as calculated by the prices poor consumers pay for their daily needs, has hovered around 11 per cent, again a 10-year...

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Wasted effort

The national biofuel policy announced by the government last week is well-intentioned but is not really practical. It aims for achieving a 20 per cent blending of biofuels with petrol as well as diesel by 2017. Given that even the 5 per cent ethanol doping target — raised to 10 per cent last October — is yet to be achieved makes the target quite unachievable. The sugar industry, which is...

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