Between the Reserve Bank of India, the Union finance ministry and the army of economic advisors that surround Prime Minister Manmohan Singh no one seems to have a clue about how to get a grip over food inflation. Not only has the recent episode of high food prices seen surprisingly sharp spikes in the prices of vegetables and fruit but it has lasted longer than any other episode of inflation...
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Cotton price touches new high, but who's benefitting?
With the order of district deputy registrar Harishchandra Hussey to 16 Agriculture Produce Marketing Committees in 16 talukas to submit a report on the details of cotton purchase made by them during the current season, the spree of buying cotton from door to door in the villages by the private players is set to stand exposed. The price of cotton has increased to Rs 6,000 per quintal in recent past. Expecting...
More »Inflation: What’s stifling your veggies by Zia Haq
An innovative mechanism to save farmers from exploiting traders, which India implemented as a national model in the 70s, is now being blamed for rising vegetable prices. Agricultural produce marketing committees (APMCs) have become archaic and vegetables and fruits need to be taken out of these local market hubs, analysts say. “They have turned into platform for hoarders, rather than a buyer-seller platform,” farm expert Sompal, who was formerly union agriculture...
More »Bitter harvest by Lyla Bavadam
A small farmer in Maharashtra, whose high-yielding rice variety is popular in five States, is denied the benefits of his research. TWENTY-SEVEN years ago, Dadaji Khobragade of Nanded Fakir village in Chandrapur district of Maharashtra noticed yellow seeds in three spikes of a paddy stalk in his field. Intrigued by the freak harvest, he preserved the grains. He subsequently planted them in a six-foot square plot, which he covered with thorny...
More »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...
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