India registered a good 8.5 percent GDP growth in 2010-11 staving off the global impact of recession mainly due to the major recovery in the agriculture sector. The recorded foodgrain production in 2010-11 was the outcome of the initiatives of the state governments, the union government has now acknowledged. It was an innovation's galore to say the least if one takes into consideration the efforts of the 10 states that went...
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The new land acquisition law must seek to reduce market distortions and segmentation by Bibek Debroy
Land is contentious. With urbanisation and demand for non-agricultural use, coupled with lack of employment and skills for those in small-holder and subsistence-level agriculture, this is understandable. In western Europe, especially in Britain, and more especially in England, land markets were freed up before the Industrial Revolution and access to education and skills became more broad-based. We haven't introduced reforms that enable people to move out of agriculture, or diversify...
More »Delay in monsoon may spell doom for farmers by Nidhi Nath Srinivas
So it's not going to be a normal monsoon . That's hardly surprising. Indian rainfall is erratic in four out of 10 years. About 80% of our land mass is highly vulnerable to drought, floods and cyclones. 50 million Indians are exposed to drought every year. The agriculture ministry says 68% of India's sown area is subject to drought in varying degrees. Annual average rainfall is 1,160 mm. However, 85% of...
More »A spoonful of policy
-The Business Standard Remember the food riots of 2008? Is the world heading towards another food crisis? That, worryingly, seems to be the conclusion that a new publication on food prices and availability in the next decade (2011-20), issued jointly by the Organisation for Economic Cooperation and Development (OECD) and the United Nations Food and Agricultural Organisation (FAO), arrives at. The OECD-FAO report forecasts agricultural commodity prices, in real terms,...
More »Food Security: Messy Jam, But Here’s a Map by Ashok Gulati
Ensuring food security to all is one of India’s top policy agendas today. Given a large mass of poverty in the country, it is not surprising and no one would perhaps disagree with the need to achieve this as soon as possible. But the varied policy instruments that can be used towards achieving this goal draw sharp differences among the stakeholders. What is food security? The World Food Summit of 1996...
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