For a man who will inherit vast tracts of fertile farmland in Punjab, India's grain bowl, Jaswinder Singh made what seemed to him a logical career move -- he took a job with a telecoms company in New Delhi. "I can't go back to the village after an M.B.A. Delhi has more money, better quality of life. The job is more satisfying, and you don't depend on the weather or...
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Bittersweet tidings by Ashok Gulati and Tejinder Narang
Sugar, to mix one’s metaphors, is heading for a perfect storm. And this is being made because of our own policies. By the year-end, retail prices of sugar in Delhi and Mumbai may cross the Rs 40 per kg barrier — an almost 150 per cent increase in less than 15 months. And no, you can’t blame climate change or monsoon failures for this. So, what triggered the sugar crisis? In...
More »'Drought in India worst since 1972'
India has suffered its worst drought since 1972, the official weather office said on Wednesday, with rains 23% below average at the end of the country's four-month monsoon season. "India's 2009 monsoon rainfall has been the worst since 1972," said a spokesperson for the Meteorological Department, P K Bandhopadhyay. In 1972, monsoon rainfall was 24 percent below average, he said, while other bad years such as 2002, 1987 and 1979...
More »Skyrocketing prices may be bad news but the worst is yet to come!
Between 2005 and 2007, the world saw doubling of the prices of wheat, coarse grains, rice and oilseed crops and they continued rising in early 2008. It has been predicted by an OECD study (2008) that on average over the coming ten-year-period, prices in real terms of cereals, rice and oilseeds are projected to be 10% to 35% higher than in the past decade. This means more trouble for the...
More »Of hunger and its eradication by Sadanand Menon
More Indians go to bed hungry today than they did on the eve of Independence 62 years ago So, more Indians go to bed hungry today than they did on the eve of Independence sixty two years ago. The per capita calorie intake, experts say, has dropped to what it was at the end of World War II. On top of it now, over 25 per cent of the country...
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