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Consolidation is vital by Surinder Sud

There are numerous debilitating factors that disallow Indian agriculture from growing to its potential. The most critical of them, which, ironically, are not receiving due attention, are related to land. Not only is the availability of land for farming shrinking, but its quality and fertility are also waning. Agricultural holdings are getting smaller and turning uneconomical to operate. The much-hyped land reforms have, right from the beginning, been misdirected. These have...

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WTO Delegates Perform Cotton ‘Ritual’

WTO Director-General Pascal Lamy told trade delegates in a fax on 12 May that cotton has become a “litmus test” for the “development dimension” of the Doha Round. At a recent review of the issue’s standing in WTO talks, some countries, such as Tanzania, alleged that no progress has been made since 2005. Leonce Kone, the trade minister from Burkina Faso - a cotton-exporting Least Developed Country (LDC) - joined Geneva-based...

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Cabinet to consider hike in MSP of rice, wheat by Rajeev Deshpande

In a move expected to boost rural incomes but which will also impact retail prices, the government is set to raise minimum support price for the kharif season's rice crop from Rs 950 to Rs 1,050 a quintal while MSP for pulses is set to jump by between Rs 400-500. The rise in procurement price of pulses is seen as a significant bid to encourage cultivation of foodgrains that are...

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Will India be the world's fastest growing economy?

The India growth story is enviable. Despite plaguing problems, India has emerged stronger and resilient to the global crisis so far. India is expected to be the world's fastest growing economy by 2018, according to Economist Intelligence Unit (EIU), the research arm of the Economist magazine. India, the second largest growing economy will overtake China as the fastest growing major economy with an average of eight per cent in the...

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Independent UN expert urges legal reforms to boost right to food

The right to food has gained significant recognition in Africa, Asia, Latin America and South Asia, but more national institutional reforms are needed to ensure that the fight against hunger is rooted in legal mechanisms, a United Nations expert has said. “Boosting food production should not be confused with realizing the human right to food,” said Olivier De Schutter, the UN Special Rapporteur on the right to food. “If the international...

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