In more ways than one the calendar year 2010 would go down the memory lane as a watershed year for the food and agriculture front in the country which recorded unprecedented growth rate of 4.4 per cent in July-September quarter but by December unprecedented price hike of essential food items especially left consumers in tears. As the year comes to an end, an embattled government and the Union agriculture ministry stood...
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Farmers suffer as middlemen call the shots by Manu Aiyappa
Be it a bumper or lean season __ life for Karnataka's farmers remains unchanged as they are exploited by middlemen. While last week came as a boon to onion farmers as prices skyrocketed in an unprecedented manner, it all came to an end on Wednesday following the government's decision to stop exports until January 15 to contain the rates here, resulting in a sudden drop in per quintal rates and sending...
More »Revamping foodgrain policy by CSC Sekhar
THE issue of foodgrain management policy has assumed renewed importance with several reports in the media of large-scale wastage and diversion from the public distribution system (PDS). In a cogently-argued paper recently, Prof Kaushik Basu, a well-known economist and the chief economic adviser in the ministry of finance, has argued for foodgrain to be released in lots of much smaller size into the market, than is presently done by the...
More »Can only GM crops ensure India's food security? by Rajni Bakshi
Traversing 20 states of India the Yatra had a three point agenda: Food, Farmers, Freedom. On December 11, while the bulk of yatris were at Raj Ghat, their representatives went to meet Congress president Sonia Gandhi. The list of demands they submitted provides a bird's eye view to the war that is now taking shape. Proponents of Kisan Swaraj want both the government and private sector to, among other things: 1. Stop treating...
More »Congress and economy
The economic resolution adopted by the All India Congress Committee at the Burari session is a reiteration of the party’s last two election manifestos. It combines a commitment to rapid economic growth with that to redistributive policies that would help make the growth process socially inclusive. There is a helpful explanation of the three sources of inflation — excess demand, improved prices to farmers and global commodity price inflation —...
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