Inflation is in the news. Double-digit inflation persists, concentrated in prices of food and necessities. The retail prices of pulses are in the range of Rs 80-100 per kg. Seasonal vegetables retail at Rs 30-40 per kg. Yet, our pink newspapers believe there is little reason for concern. There is a boom in purchases of consumer durables. The middle class is prospering. The poor are better-off with the NREGA. And...

The goal of food for all can be achieved only through sustained efforts in producing, saving and sharing foodgrains. The Supreme Court of India has rendered great service by arousing public, professional and political concern about the co-existence of rotting grain mountains and mounting hungry mouths. In several African countries hunger is increasing because food is either not available in the market, or is too expensive for the poor. Food inflation...

Under ideal conditions, grain storage options in India are built up from the buffer stock strategies. These, in turn, are derived from fluctuations in grain output and the need to ride through, say, two bad years. To the needs of the required buffer are added the demands from operational requirements and those of grains in transit. Once upon a time, there used to be controversies concerning why should we separately account...

The discussion paper on compulsory licensing of patents will have achieved its purpose if it can lead to a proactive policy in the area of drugs and health. IN a proactive move to ensure a fair balance between protection of intellectual property rights and protection of the public interest, the Department of Industrial Policy and Promotion (DIPP) of the Ministry of Commerce and Industry has chosen to put out a discussion...

Prime Minister Manmohan Singh today said the Supreme Court should not go “into the realm of policymaking”. This was his response at an interaction with newspaper editors here to the recent order by the apex court that the government give food free to the poor. The court’s directive had caused the government some embarrassment but it had been uncertain whether the Centre would legally challenge it. While appearing to be unwilling to...