-The Hindu Business Line   The uncertainty over adopting agricultural biotechnology is in no one's interest, given the high food inflation and dependence on imports. With food inflation climbing once again above 10 per cent, it has become even more urgent for the government to provide a a clear mandate in terms of policy support, the technology options and requisite investment for domestic agriculture. Output growth, especially of proteins, has been decisively trailing...

Despite a recovery, acreage of groundnut, sunflower and castorseed recorded a sharp decline this year due to low rainfall in major producing areas during the peak sowing season. The three major kharif oilseeds are sown for a month starting June 15 and harvested between October and December. Data collated by the ministry of agriculture showed the area under groundnut declined 28.37 per cent as on July 21. The sowing area under...

-The Business Standard   For a country whose cuisine uses so much edible oil, India’s dependence on imported cooking oil is as economically debilitating as its dependence on imported energy. Barring a short spell in the late eighties, when the country was nearly self-sufficient in edible oil production, the bulk of the cooking oil needs have been met through imports for decades. Even today, domestic oilseed production does not meet even...

A perverse, yet novel reason put forward to explain high inflation is that the poor are eating more as they are becoming less poor. The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) has been extolled for being responsible for higher consumption, which in a way is a vindication of high inflation. The extended logic used here is that if the poor are eating more and we are paying high...

Distribution of basic food grains and fuel at controlled prices every month through the Public Distribution System (PDS) could be the largest service provided by the Indian State, touching as it does over 65 million families through a network of nearly half a million retail shops. Given that the urban middle class has little stake in the health of the PDS, there have to be some compelling reasons for the...