-Inclusion.in There is good news. And there’s bad news. The good news first. There’s been a bumper wheat crop and the granaries are overflowing. And the bad news? Where do we begin? A lot of that grain will rot. Millions will still remain hungry. Heavily in debt and distressed, farmers are committing suicide. Food prices are soaring. There’s more… Farmers don’t have money. Their land is too small and isn’t yielding much. Fertilisers and...
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Why FCI doesn’t buy grain futures-Ruchira Singh
Lack of knowledge, fear of political criticism are some of the reasons that are stopping FCI, according to experts What is stopping Food Corp. of India Ltd (FCI) from selling its ample wheat stocks in the open market and buying futures contracts to meet its distribution commitments in the months ahead? Or, for that matter, what is keeping the food procurement agency from selling grain futures internationally, knowing that a bumper crop...
More »Mind The Crease-Lola Nayar
Pawar’s Report Card The Negatives Per capita availability of cereals and pulses has fallen in last eight years No improvement in irrigation, 60% of agriculture still dependent on monsoons Farmers growing cereals, sugarcane, oilseeds and pulses assured higher MSP, but majority don't benefit Production up, but not productivity. Farmer suicides are on the rise. Poor market advisory on exports being misused to buy cheaply from farmers and make profits overseas Pawar...
More »Rise in natural resources prices appears to be hurting poor nations-UN report
-The United Nations A sustained rise in prices for raw natural resources and basic agricultural goods is defying long-standing patterns and appears to be hurting poor nations through rising food and fuel costs more than it is helping them through higher revenues for their commodities exports. That was one of the findings of the Commodities and Development Report 2012, a study launched at the 13th session of the UN Conference on Trade...
More »What determines MGNREGA wages? by Sandip Sukhtankar
Officials may pocket the wage increases, but the wage level in MGNREGA seems just enough to induce workers to turn up. This year marks the sixth anniversary of the implementation of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), India's landmark right-to-work programme. The Act guarantees 100 days of paid employment to every rural household in India (up to 850 million people), regardless of eligibility criteria, and establishes the government's...
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