Twenty years ago, a Maruti 800, with an air-conditioner fitted, cost a little less than Rs 2 lakh. Today it costs about Rs 2.5 lakh. Twenty years ago, a branded 1.5 tonne window air-conditioner cost about Rs 30,000; today, you can get a split AC unit for that price. Then, Videocon was offering large refrigerators for more than Rs 30,000; you can get better units today for much less. TV...

Deviating from his party's stand, Communist Party of India-Marxist (CPI-M) politburo member S. Ramachandran Pillai staunchly supported GM crops at an agriculture seminar here. Pillai, who inaugurated the three-day seminar 'Agriculture in the era of Globalization', declared that opposition to GM seeds was superstitious. He said that the use of GM seeds would help improve farm productivity, and help tackle malnutrition. He, however, added that they should be used only after taking...

Prof M.S. Swaminathan, the father of Green Revolution and Chairman of National Commission on Farmers (NCF) that called for revamp of policies to revitalise agriculture, says agricultural sector in India is entering a state of serious crisis. Quoting figures from National Sample Survey Organisation, he says half of the farmers in the country want to quit farming. Prof Swaminathan, who was here to deliver the Convocation Address at the Acharya N.G....

Panel report says this would increase soil productivity. In an effort to revolutionise sale of nutrient-based fertilisers, the ministry of agriculture for the first time is considering a proposal to introduce liquid fertilisers. This is based on the recommendation of a working group set up to study and recommend measures to increase agricultural production. Their report says micro irrigation can be combined with controlled application of fertilisers and other needed nutrients. To...

If the price rise is due to production shortfall, how does one explain the near doubling of the price within a few days? The sharply rising onion prices have raised the suspicion that speculators are manipulating a shortage situation. First, a few facts. In retail markets, onion prices have soared from Rs 10-11 per kg in June to as high as Rs 70-80 on Dec 21. Even more significantly, prices zoomed by...