-Reuters India will keep a controversial ban on its cotton exports for now after ministers failed to agree its fate on Friday, even after top buyer China had criticised the move, which boosted global prices. Indian exporters, who have some 2.5 million bales outstanding for overseas sales, are left with the limited consolation of shifting a maximum of 500,000 bales that have already been cleared by customs. "The meeting was inconclusive. Further discussion...
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In your land, lie riches by Poorva Sagar
In India's western state of Maharashtra, a project supported by Japan International Cooperation Agency is yielding better incomes for farmers and has lured the migrants back to their native villages. PROJECT: RURAL DEVELOPMENT FOR POVERTY REDUCTION PERIOD: 2008-2011 Vishwanath Gangaram Malpote, 28, is in the midst of a robust harvest. As he weeds his rice field, one cannot but help admire his meticulous effort to pluck off the small undergrowth from the standing...
More »How Fukushima is relevant to Kudankulam by TN Srinivasan, TS Gopi Rethinaraj and Surya Sethi
The disaster in Japan revealed many risks that were earlier unknown; it is important to assess the risks in India in a transparent manner and explain which are worth taking. The nuclear plant accident at Fukushima, Japan, in March 2011 exemplifies the prescient remark of nuclear reactor pioneer, the late Alvin Weinberg, that “a nuclear accident somewhere is a nuclear accident everywhere.” After Fukushima, many countries initiated a reconsideration of the...
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-The Indian Express Banning cotton exports hurts the farmer, signals India as an unpredictable supplier to the world Two days after the commerce ministry imposed a sudden ban on cotton exports, there are indications the government is preparing grounds for a facesaver. In all likelihood, a limited window may be opened at least for allowing exports for which registration certificates have already been issued by the Directorate General for Foreign Trade. Finance...
More »Policy Distortions Hurt Agriculture by Bibek Debroy
Food price inflation, and inflation in general, has become less of an issue. But it isn’t an issue that will go away. Give it till June and inflation is likely to inch up again. Competition is a good antidote against price increases. It ensures efficiency and reduces price volatility. Logically, food price inflation should trigger and stimulate agricultural reform, so there is competition and supply-side changes can occur. But in...
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