India's anxiety over erratic monsoon rains will become more acute as rising incomes and a growing population push up demand for farmed produce faster than supply, turning the nation into a major importer within 5 years. Forecasts of a normal monsoon this year have stirred hopes for smooth supplies and low inflation, reversing setbacks from last year's poor rains. But the country must boost yields if it is to feed...
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Fertiliser subsidy cut in the offing as import prices nosedive by Prabha Jagannathan
THE Centre could make changes to the new Nutrient-based Subsidy (NBS) for fertilisers, as part of a concerted move to prune its subsidy bill after global prices of fertiliser nosedived recently. Under the NBS, subsidies for nutrients are currently fixed for a whole year but could now be reviewed every six months to take into account changes, especially price drops, in import prices. The Union Cabinet, while approving the NBS...
More »Soft battles by TK Rajalakshmi
Many governments in the developing world lack the will to eradicate child labour, says the third ILO global report on the deplorable practice. The effects of the present global economic and financial crisis, rather than its causes, have been the central preoccupation of organisations such as the International Labour Organisation in recent times. The ILO, in particular, has focussed on the impact of the crisis on populations within the least...
More »Aruna Roy interviewed by Ajoy Ashirwad Mahaprashasta
Aruna Roy, the prominent political and social activist who spearheaded the campaign to institute the Right to Information Act in the 1990s, is an ardent critic of the anti-people and exclusionary policies of the first and the second United Progressive Alliance governments. A recipient of the Ramon Magsaysay Award for community leadership in 2000, she heads the Mazdoor Kisan Shakti Sangathana (a trade union of workers and peasants) in Rajasamand, Rajasthan,...
More »Battle royal over Bt cotton royalty by Latha Jishnu
Monsanto licencees have earned over Rs 1,500 crore since 2002. A quiet but determined battle is being fought in the courts, and outside, by US agricultural biotech giant Monsanto, its Indian affiliates and seed lobbyists to free the prices of genetically modified Bt cotton from state government control. At stake is huge business running into several thousand crore of rupees, with royalty alone on the Bt cotton seeds grossing over Rs...
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