-Reuters NEW DELHI: With grain silos spilling over, exports on the rise and an avowed market champion for prime minister, India's threat to trash a global trade deal in the name of food security appears puzzling. But government officials say Prime Minister Narendra Modi is prepared to brazen out global outrage to seize a historic chance to build a rural power base with his defence of farm subsidies and to banish memories...

-The Financial Express Global rice trade doesn't operate on market principles. Rather, it is guided by politics, vested interests and weather Rice is a political commodity. Governments all over the world maintain regimentation on rice production and trade through price controls and subsidisation, tariffs, phytosanitary and environmental safety standards-sometimes in a whimsical manner. On July 6, the United States International Trade Commission (USITC) notified investigations (to be completed by April 2015) on...

-The Financial Express The Indian success story increasingly looks like a tale of naivety and optimistic complacency. The Indian success story increasingly looks like a tale of naivety and optimistic complacency, with the fantasy of ‘India Shining' obfuscating the reality of widespread deprivation. Despite rapid economic growth during the past decade, millions continue to live in poverty and hunger. The Indian government aims to address abject hunger and malnutrition with the National Food...

-The Financial Express Price-policy initiatives and technological innovations show promise, given the record output of pulses in 2013 Rising incomes and urbanisation, unfolding globalisation and changing tastes are leading to diversified consumption baskets. There is greater uptake of dairy products, meat, vegetables and fruits among Indian consumers while the converse is true for cereals and pulses. Amidst these, protein consumption has taken a hit while fat intake has been rising. A recent...

-PTI Government has provided Rs 70,585 crore as fertiliser subsidy in this year's budget A ministerial panel today recommended increase in fixed cost paid to urea by Rs 350 per tone but there will be no increase in the rate of crop nutrient for farmers as government will subsidise the additional cost, pegged at Rs 900 crore. Fertiliser Ministry had moved the proposal for modified New Pricing Scheme (NPS) III, according to which...