There is a suggestion circulating in the corridors of our apex monetary regulatory authority, the Reserve Bank of India, that food inflation is beginning to look more ‘structural’ than ‘seasonal’, and it can only be tackled by addressing the supply side. We need to address both demand and supply sides simultaneously to tackle food inflation. While we must be happy that more and more poor eat fruits and cook vegetables...

The Indian economy is moving back into the fast lane, with agriculture playing a leading role. A new financial review presented by the government in mid-December anticipated economic growth of up to 9% for the year to March 2011, and forecasters believe double-digit expansion is on the cards for later in the year. "Faster growth is expected to continue as agriculture recovers sharply from last year's drought and inflation starts to...

Every time Indian Environment Minister Jairam Ramesh says no to a project, his critics give him a new label: Green fundamentalist, anti-business, anti-growth, obstructionist, Luddite and Dr. No. The job has rarely attracted so much attention, but Ramesh has turned a sleepy and apathetic ministry into a controversial one in recent months. His pronouncements have stopped projects worth billions of dollars, creating powerful enemies in industry and business. His political colleagues have...

Production this year likely to be 24.5 million tonnes, compared to internal demand of 23 MT The Centre has allowed export of 5 lakh tonnes of sugar. It has asked sugar mills to register themselves for seeking the Release Order for exports under Open General Licence (OGL). They have been allowed to export raw, white and refined sugar, but no export subsidy will be given. Export only from new output The OGL export...

Withholding Talegaon land deal info sought by friend of slain activist Satish Shetty tantamount to violation of RTI Act, State Info Commission tells government agencies A day after slain RTI activist Satish Shetty's friend and fellow RTI campaigner Arun Mane was attacked, allegedly for pursuing matters that Shetty had been after before his death, the Pune bench of the State Information Commission yesterday issued a pathbreaking order when it asked for...