India expects a strong rebound in farm output, which will substantially reduce food price inflation that has soared since last year when the country’s worst drought in 37 years hit crops, the agriculture minister said. This year’s June-September monsoon was 16% below normal last month, but rainfall has revived significantly, calming fears of shortages and higher prices. India also needs to ease tight controls on the sugar sector, agriculture minister Sharad Pawar...

India is incredible (after shining), with the fastest growth rate, an emerging demographic dividend and innovative brains for the globe. But the vast majority in rural India — employed in agriculture, small-scale and tiny industries, self-employed, and with no assets — does not find it so. This government, claiming inclusive growth for the grossly deprived and poor, has not taken actions to bring down prices of essential food items, unprecedented...

AS CONCERN for the ecosystem runs high all across the world, a small, mountainous state in India’s northeast — Sikkim, has taken a step ahead and declared to go completely organic by the year 2015. What this means is the total phasing out of chemical inputs from agriculture. Sikkim has long been an ecologically conscious state with initiatives such as a comprehensive ban on plastic, bio-medical and chemical waste in...

Peruvian economist Hernando de Soto turned classical capitalism on its head with his trickle-up theory: that if you create wealth at the bottom of the pyramid, it will find its way up. de Soto, president of the Institute for Liberty and Democracy, speaks to The Indian Express Editor-in-Chief Shekhar Gupta on NDTV’s Walk the Talk on the need for the poor to be able to participate in the global economy...

The fraught issue of introduction of Bt Brinjal has been shelved but all eyes are now set on the controversial Seed Bill 2010, likely to be tabled in the monsoon session of Parliament beginning July 26. The bill aims to regulate the quality of seeds for sale, import and export and to facilitate production and supply of seeds of quality, but fails to address a crucial issue — seed pricing....