The present situation is different from that of 2007-2008, although recent climatic events may significantly reduce agricultural production next season. Must history always repeat itself? We are indeed on the verge of what could turn out to be another major food crisis. The FAO Food Price Index at the end of 2010 returned to its highest level. Drought in Russia and the export restrictions adopted by the government, together with...

Since 1947, successive governments have missed innumerable opportunities to put the country on the path of sustained, inclusive growth. Time and again, quixotic ideology has led to meaningless debates, antediluvian policy and inexplicable strangulation of capacity buildup in both physical and social infrastructure. Even today, while the gap between current and projected national demand and supply is well acknowledged, the government continues to drag its feet in creating the policy...

It will be tabled in the budget session of Parliament: Kharge Manmohan's nod obtained for amendment 17 amendments to impose higher penalties In a move that will benefit 55 lakh workers in the mining sector in the country, the Union Labour and Employment Ministry is amending the National Mines Act 1952. The Amendment Bill would be tabled during the budget session of Parliament. Announcing this at a press conference at the Karnataka Pradesh Congress...

Chief minister Arjun Munda plans to hold cabinet meetings in the districts in a bid to bring about transparency in governance. “We’ll start holding cabinet meetings in all the districts of Jharkhand, including the remote ones, after the budget session,” the chief minister said, after paying tributes to the martyrs of the 1948 mutiny in Kharsawan, about 55km from Jamshedpur, today. He added that his government would also ensure that officials actively...

It is time for India's government to put its money where its mouth is. New Delhi has raised some $30 billion since March by selling state assets and telecom airwaves. That is about as much as the country will attract in foreign direct investment this fiscal year. There is one area above all else where this money should be directed: food security. New Delhi talks a lot about guaranteeing food for India's...