-Reuters Global food prices rose in March for a third successive month, driven by gains in grains and vegetable oils, the United Nations' Food and Agriculture Organisation said on Thursday, putting food inflation firmly back on the economic agenda. Food prices hit record highs in February 2011 and stoked protests connected to the Arab Spring wave of civil unrest in some north African and middle eastern countries. They then receded but started...

When the fledgling Indian government drafted its higher education policy after Independence, it formed two separate tiers for teaching and research: colleges and universities in one, exclusive research establishments in the other. The intention was of the noblest, to deploy our best talent exclusively to create an indigenous knowledge pool; in particular, to provide research input for the nation’s development. Sixty years down the line, the outcome has patently failed those...

Though India has registered a record wheat and rice output, yields of major crops are much lower when compared with the production developed countries. According to the latest report of UN's food and agriculture body FAO, India lags behind badly in world average yield of rice, cotton, pulses while in wheat it is close to the global benchmark.  The FAO report relates to authenticated data up to year 2010. India is...

Under fire over data integrity issues, the government has tasked a panel to revise the wholesale price index (WPI) with the mandate to "enhance the reliability" of official statistics on all inflation measures.  The 31-member panel, to be headed by Planning Commission member Saumitra Chaudhuri, has also been asked to explore the possibility of getting a single agency to collect data for compiling WPI and industrial production that are hitherto dealt...

-The Times of India Union finance minister Pranab Mukherjee on Wednesday said he would explore the possibility of setting up a committee of CMs of the eastern states for a second green revolution in the region and praised Assam, Bihar, Jharkhand and West Bengal for substantial increase in rice production during the current fiscal. Replying to the debate on 2012-13 Union Budget in Rajya Sabha, Mukherjee said due to substantial increase in...