-The Hindustan Times The UPA’s record of policy flip-flops endures. The latest instance is a ban on exports of cotton that seems headed for revocation less than a week after it was announced. The commerce ministry’s line that India has exported more cotton this season than it can afford to without hurting consumption at home does not wash with partners of the ruling alliance or with the political bosses of cotton...

-Reuters India will keep a controversial ban on its cotton exports for now after ministers failed to agree its fate on Friday, even after top buyer China had criticised the move, which boosted Global Prices.  Indian exporters, who have some 2.5 million bales outstanding for overseas sales, are left with the limited consolation of shifting a maximum of 500,000 bales that have already been cleared by customs.  "The meeting was inconclusive. Further discussion...

-FAO FAO today forecast that 2012 world wheat production will be the second highest on record at 690 million tonnes and also announced that  international food prices rose one percent in February —  the second increase in two months.  Published today, FAO’s quarterly Crop Prospects and Food Situation report forecast a 2012 wheat crop 10 million tonnes or 1.4 percent down from the record 2011 harvest but still well above the average...

-The Economist   A year after Fukushima, the future for nuclear power is not bright—for reasons of cost as much as safety THE enormous power tucked away in the atomic nucleus, the chemist Frederick Soddy rhapsodised in 1908, could “transform a desert continent, thaw the frozen poles, and make the whole world one smiling Garden of Eden.” Militarily, that power has threatened the opposite, with its ability to make deserts out of gardens...

-The Indian Express   Banning cotton exports hurts the farmer, signals India as an unpredictable supplier to the world Two days after the commerce ministry imposed a sudden ban on cotton exports, there are indications the government is preparing grounds for a facesaver. In all likelihood, a limited window may be opened at least for allowing exports for which registration certificates have already been issued by the Directorate General for Foreign Trade. Finance...