There is a suggestion circulating in the corridors of our apex monetary regulatory authority, the Reserve Bank of India, that food inflation is beginning to look more ‘structural’ than ‘seasonal’, and it can only be tackled by addressing the supply side. We need to address both demand and supply sides simultaneously to tackle food inflation. While we must be happy that more and more poor eat fruits and cook vegetables...

The Mahatma Gandhi National Rural Employment Guarantee Act (NREGA) has been hailed as a landmark initiative to alleviate poverty and generate productive wage employment, even if for only 100 days, for unskilled rural labour. Given its historic features, it is a pity that the rollout of the programme in many states has been less than satisfactory, and leakage of funds has become rampant. More worryingly, it has begun to have...

From onions, sugar and coconuts, to tea, pulses, rice and spices, all kitchen ingredients will remain expensive in the New Year as unseasonal rains beyond the monsoon wipe out India’s major crops. Worse, rains are hampering the sowing of winter wheat, coarse grains and oilseeds, putting further pressure on food inflation that touched a two-and-a-half month high at 14.44% on Thursday. Across the country, farmers are helplessly watching their fields turn into...

Union Agriculture Minister Sharad Pawar on Saturday denied that Prime Minister Manmohan Singh had sought his explanations on the rising prices of onions and other agricultural commodities. In a brief chat with the media persons on the sidelines of the two-day “Coop Core – 2010,” heralding the nationwide launch of the core banking solutions (CBS) for the urban cooperative banks, which began here on Saturday, Mr. Pawar said he too had...

Paddy growing farmers in Bhandara are passing through a crucial phase. But there is a ray of hope in the form of Vainganga sugar factory. Instead of traditional paddy farming, the farmers are switching over to sugar cane cultivation. Paddy cultivators in Asagaon and Lakhandur have sown sugarcane in 400 hectares of land and till February next year, 1,000/1,200 hectares of land is likely to come under sugarcane cultivation. In...