Farmers' protesting ban on cotton and onion exports on Monday created a few moments of panic as they set ablaze a trolley-full of cotton some 200 metres from the Nagpur airport building. The situation was soon brought under control and farmers dispersed after the symbolic protest. Over 2000 farmers led by Bacchu Kadu, the maverick independent MLA from Achalpur in Amravati district, marched through the busy Wardha road to airport...

Export of sugar, hike in Above Poverty Line price under Public Distribution System put on hold A meeting convened by Prime Minister Manmohan Singh on Tuesday to discuss inflation and ways to tackle it, particularly the zooming prices of onion, vegetables, fruits, eggs and milk, remained “inconclusive,” official sources said. The Ministers concerned will meet Dr. Singh again in a day or two to come up with measures to tackle food...

Differences within the ruling government alliance over food management came to the fore on Tuesday with home minister P Chidambaram questioning agriculture minister Sharad Pawar's pitch for resuming export of sugar. A meeting convened by Prime Minister Manmohan Singh to discuss measures to calm soaring food prices saw sugar become a key focus area with Pawar plumping for freeing its export, citing an expected bumper crop this year. As soon...

Managing high agriculture commodity prices is becoming a concern for policy makers in India as well as globally. While Food and Agricultural Organisation (FAO) has already warned of a ‘food price shock’, concerns are raised that this situation could worsen as various exporting countries could consider restrictions which will further create supply bottlenecks. As global food prices hit a record high, India just trails behind with food inflation touching a 23-week...

India is understood to have told Pakistan that it is ready to lift the ban on cotton exports if the latter resumes its onion exports through rail and land routes. Official sources in the Commerce Ministry said this was conveyed to Islamabad by the External Affairs Ministry. “The Indian side has conveyed to the Pakistani counterparts that it was ready to revisit the cotton Export Ban and ceiling issues, if the...